Quote from: markj113 on May 06, 2015, 10:16:19 AM

Quote from: randy8777 on May 06, 2015, 12:00:29 AM

Quote from: ensurance982 on May 05, 2015, 04:25:58 PM

This discussion has lead to a really interesting point, actually! The replicability of Bitcoin has always been a high concern and also point of critique for many people who aren't convinced of Bitcoin's usefulness. I also believe that Bitcoin and Gold are quite similar what this is concerned, as both their scarcities could be attacked and circumvented at some point!

i agree that gold and bitcoin are quite similar, but with bitcoin you exactly know the amount that ever will be mined. not the case with gold. also important is that bitcoin has way more room for growth compared to gold.

I would disagree with this, the total amount of bitcoin to be mined could easily be changed if they decide to tweak the code in the future. In theory it could be an infinite amount.

in theory there could be 1000 billion bitcoins. but the reality is that the core devs won't mess with the 21m coin cap. that's something we don't have to worry about.