This parable ignores the fact that other individuals want to own alternative currencies. If Rolex company manufactures a new collectable Rolex and gives it awa

This parable ignores the fact that other individuals want to own alternative currencies. If Rolex company manufactures a new collectable Rolex and gives it away to someone who already owns another collectable watch, this does not mean that both watches now have half the value of the original. Furthermore, if I produce 1000 knockoffs of the original luxury watch and give it away to the Rolex owner, it does not reduce the value of the luxury watch either. In fact, the value of the 1000 knockoffs plus the luxury watch is higher than the value of just the luxury watch alone. There is still a scarcity of luxury watches, as well as demand for ownership of both the luxury item and the knockoffs. As long as more individuals wish to purchase said commodities with fiat the commodities have value, regardless of if they are given away or not.