/biz/ - Business & Finance

>>24880049
What is the value of youtube if I can just create my own video platform?
What is the value of facebook if I can just create my own social media website?

The answer is path dependence and network effects. Say you fork bitcoin, the incentive to dump that forked bitcoin for the original bitcoin is greater then the incentive to hodl that new bitcoin network.

Trying to get people to use a cryptocurrency network other then bitcoin would be like trying to get everyone in the United states to start talking Aromanian. A language that today probably nobody speaks in the USA. The value proposition of bitcoin is absolute scarcity, the most secure computer network in the world and individual sovereignty.

Also the bitcoin community cannot be recreated, it has been formed over 10 years and these community is loyal to bitcoin, they wouldn't adopt some random shitcoin just because it sends transactions 10% faster or whatever.

>>24433381
Gold and Silver is a fucking meme. If the price doubles then it becomes twice as profitable to mine it and the rate it will be mined will explode.

Bitcoin can be to 10 million and the supply created each year is fixed. Simple as. Don't listen to the literal jewish gold merchant (((schiff)))