Bitcoin is unfuddable
Bitcoin is unfuddable
Gavin Clark
John Ramirez
If you assume that crypto currency can be created easily, in unlimited quantity. There is unlimited dilution of the supply.
If this is true, what makes Bitcoin better than all the others and able to retain value?
Easton Gray
It's Bitcoin. Next?
Michael Campbell
The Lindy effect
99.95% of all created altcoins have died, which means no liquidity and/or delisted from good exchanges
Ryder Lopez
I was thinking, features such as cost of transaction, speed etc
Matthew Walker
Price at first halvening: $5
Price at second halvening: $500
Price at next halvening: $50000
It can't be though, and isn't. So there isn't. But you answer is First Mover Advantage: and none can approach the security it has being on top of all that proof of work
Parker Allen
security.
Logan Sanchez
>If you assume that crypto currency can be created easily, in unlimited quantity.
Sure, that's true, but you've forgotten about hash rate and why it matters.
Gavin Nelson
Mmm - noonoonoo
Colton Morris
Yes I get that and first mover advantage is a powerful advantage. Also ultimately supply of Bitcoin is limited eventually. Why is Bitcoin better than ether, Bitcoin cash, etc. What if a coin comes along so good that it makes Bitcoin worthless? What if there is a visa coin?