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There are uncountable Bitocoin copies, but none of them are worth anything because of Network Effects, also called Metcalfe's Law: https://en.wikipedia.org/wik
by Sammi 6y ago
There are uncountable Bitocoin copies, but none of them are worth anything because of Network Effects, also called Metcalfe's Law:
https://en.wikipedia.org/wiki/Metcalfe%27s_law https://en.wikipedia.org/wiki/Metcalfe%27s_law
The value of Bitcoin comes from the same place as the value of any network. The amount of connections in the network is the value of the network. E.g. any social network. A Bitcoin copy has no connections in it, so it doesn't have any value.