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I also tend to think that bitcoin is scarce only if it’s not forked. Can anyone elaborate?

• hackinthebochs 9y ago
  "Bitcoin" isn't the software, or the network, or the database. It is the consensus of every player in the ecosystem: users, miners, developers, exchanges, etc. A fork doesn't fork the consensus, its by definition a deviation from consensus. Forks don't duplicate what is valuable about bitcoin.
  • empath75 9y ago
    Except bitcoin cash seems to have maintained value.
    • hackinthebochs 9y ago
      Because there are true believers who think it will overtake bitcoin in the end. It's perceived value is derived in opposition to bitcoin, rather than duplicating bitcoin's value.
      • empath75 9y ago
        Nevertheless, there are now two competing bitcoin chains, a doubling in the number of bitcoins. And I imagine there will be more and more in the future.