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To: bitt
The End of Cryptocurrency Coming
641 posted on 03/08/2022 11:15:23 AM PST by Publius (It wasn't easy being a young conservative. It's easier being an old conservative.)
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To: Publius
The end of cryptocurrency began when the third cryptocurrency was created. If there's one Bitcoin, it's a store of value. A second Bitcoin might be necessary competition. But when anyone can create a "coin", then there's an infinite supply, just like with the central banks.

Years ago -- maybe still -- start-ups were creating "coins" to fund their companies with. Where does it end?

692 posted on 03/08/2022 2:22:21 PM PST by AZLiberty (All I want for St. Patrick's Day -- March *17* -- is my President Trump back in office.)
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