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Well, you're still wrong. If someone wants a loan in BTC, they don't want your fake BTC. Infinite blockchains argument is not valid. Blockchains need to be sec
by Geee 8y ago
Well, you're still wrong. If someone wants a loan in BTC, they don't want your fake BTC.
Infinite blockchains argument is not valid. Blockchains need to be secure and you can't get billions worth of mining power or POS investments from thin air. Certain blockchains have value because of this security and also from network effects. Both of these effects favor existing blockchains, not new ones. Strongest get stronger.
- Nursie 8y ago> If someone wants a loan in BTC, they don't want your fake BTC. Which is purely down to branding. >Infinite blockchains argument is not valid. Because you say so? > Blockchains need to be secure and you can't get billions worth of mining power or POS investments from thin air. These follow value, they don't create it.