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I don't find his scarcity counter argument compelling. All the things he offers as scarce aren't really scarce, as they could easily be recreated in a way such
by Paul-ish 9y ago
I don't find his scarcity counter argument compelling. All the things he offers as scarce aren't really scarce, as they could easily be recreated in a way such that the duplicates are indistinguishable from the original. Bitcoins can't, to current knowledge, be counterfeit.
He would have been better of saying that he could create his own fork of bitcoin with the same supply, but that wouldn't make it valuable.