Quote:
Originally Posted by dyna mo
which to me is the same as scarcity.. copper is used more because it's cheaper, it's cheaper because it's easier to get/there's more of it.
that is the part about btc that i think slips under the radar- until 2140when production ceases, the production is already predetermined, the algo can't change.
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gold is scarce in some "real" sense, bitcoins scarcity is completely made up...
I could announce that there will only be 10 thousand wojcoins, would that make them more scarce than bitcoins? and so more valuable?