Well mining does create new units, doesn't it? And instead of having +6mn coins, you then have +12mn due to parallel mining of +3600 coins on each fork.
No difference than moving the decimal still. ...
Money creation is no different than moving the decimal point? Is printing filthy fiat out of thin air also no different from moving the decimal point?
If it is given to existing holders in proportion to their holdings, yes, it is the same.
If you print fiat out of thin air and give it to Jamie Dimon then no.
But mining doesn't distribute the money to existing holders -- mined coin goes to the miners. Or are we not talking about Bitcoin here?
25% of the remaining supply is designated to go to miners. It still does after any such fork (as long as the issuance rules are not changed).
If you one 1 BTC now, then you own 1/21m of the total that will ever exist. You still do if one such fork is created or 100 such forks. No difference. No dilution.
That's ... don't even know what to start.
Let's assume I knew the grand sum total of all filthy fiat to be printed before the universe succumbs to entropy is X. My $1 is 1/X, just like your bitcoin is 1/21m.
Does this mean that printing doesn't debase filthy fiat?
Does it also mean that my $1 is worth as much today as it will be in 2007, when the last dollar is printed?