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There are practical limits to the supply of gold. There is no limit to the supply of crypto currency. That can be created out of thin air by anyone at any time.
by all_blue_chucks 7y ago
There are practical limits to the supply of gold. There is no limit to the supply of crypto currency. That can be created out of thin air by anyone at any time.
- krrishd 7y ago> There is no limit to the supply of crypto currency the whole point of bitcoin — whether or not you believe it has a future —is that it allows for (and has) scarcity in a digital environment in which double-spending/scarcity were previously hard to enforce without an intermediary. there are only ever going to be 21 million bitcoin. there is a limit :)
- all_blue_chucks 7y agoExcept it isn't. There's BTC, BCH, BSV, etc. that are all forked from bitcoin, and there is an ever-growing number of tokens started from scratch (ETH, LTC, etc.). There is an infinite supply of crypto tokens.