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Bitcoin is not scarce either. You can create as many cryptos as you want, and anybody is free to copy Bitcoin itself. Let’s just call it (them) Bitcoin 2 and Bitcoin 3 etc.
Even each Bitcoin is divisible into a far smaller entity on the decimal point scale, called Satoshi. As a practical matter, each Satoshi can perform the accounting function of the larger $60,000+ Bitcoin. This just goes to show that a Bitcoin is completely unnecessary, when you can do with something that’s many decimal points smaller.
After all, Bitcoin isn’t a real thing. It’s just a number in cyberspace. It’s like buying fresh air in a bottle -- but without the bottle, and no air. It’s nothing in real life.
It is an unlimited supply of nothing.
Don't bother reading it. Its just factually wrong, boomer-fud.
Yeah, I was expecting a much more sophisticated argument.
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Why doesn’t he make the copies of “nothing” then?
All Facebook and X are is just a bunch of 0’s and 1’s. He can easily clone those as well. Maybe he’s just lazy.
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10 sats \ 1 reply \ @freetx 21 May
Extremely lazy. He's not even slicing up gold coins into atoms to achieve planetary-level wealth.
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Some day they will learn, but that day isn’t today!
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0 sats \ 1 reply \ @Fabs 22 May
I'm surprised at the level of willful ignorance of this idiot.
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Ha ha classic yeah what were they thinking?
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