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You can't really know how easy it might be for me. For example, if my name was Vitalik Buterin or Elon Musk or even Donald Trump, I could trivially create my ow
by root_axis 6y ago
You can't really know how easy it might be for me. For example, if my name was Vitalik Buterin or Elon Musk or even Donald Trump, I could trivially create my own cryptocurrency and a lot of people would use it.
- ball_of_lint 6y agoSure - you can make another cryptocurrency if you want. That currency will not be bitcoin. Some people tried this before by branching off the bitcoin blockchain. That was called bitcoin cash, and it failed. Bitcoins, meaning not any cryptocurrency but just actual bitcoins, are scarce and will almost certainly remain so.
- root_axis 6y agoI never said it would be bitcoin.
- deleted 6y ago[deleted]
- deleted 6y ago[deleted]
- doggosphere 6y agoCreating a new cryptocurrency doesn't make Bitcoin less scarce. At worst your coin takes time and attention away from Bitcoin, and thus takes value. At best it outgrows Bitcoin, and grows the entire space. But that's like saying you could build your own alternative to Facebook by whipping up some corporate partnerships and venture capital. Go ahead, we'll see which one wins in the long run.
- root_axis 6y agoI did not say it would.
- ric2b 6y agoBut it still wouldn't change the scarcity of Bitcoin.
- root_axis 6y agoI did not say it would.