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> On the other hand, if I were a bank, bitcoin presents a compelling argument. The supply is finite. The supply of most cryptocurrencies is finite. That in its
by Nursie 4y ago
> On the other hand, if I were a bank, bitcoin presents a compelling argument. The supply is finite.
The supply of most cryptocurrencies is finite. That in itself is completely meaningless.
> Disclaimer: I don't own any crypto or bitcoin.
Nor have you read about many of them, then?
'finite' bitcoin is also only finite by consensus, as are all the rules around it. As emission continues to decline, it's entirely possible the ecosystem could change the rules.
And that's before we talk about what 'finite' means in the context of forks, be they source-code forks that spin up a new chain with an all-new supply of pretty much the exact same thing, or chain forks that instantly create new cryptocurrencies with the same history as the existing one.