Post
Topic
Board Bitcoin Discussion
Re: Why isn't bitcoin enough?
by
Pursuer
on 23/11/2017, 13:56:53 UTC
That's trillions of units.  So what is the point of bitcoingold, bitcoinsilver, bitcoincopper, litecoin etc etc.  Why is all this happening and where is the value.  It starting to look like what the Fed does with money printing. 

when "Fed" prints money, the money they print is identical to the money that you were using all along. you can still take that money into shop and buy shit with it the same as before.
when they fork bitcoin like this and create bitcoin cash, bitcoin gold, bitcoin silver, bitcoin blank you can take bitcoin to a shop and buy shit with it but if you take any of the forked coin to a shop you can't buy shit with it.

and that is the main difference.

the point of most of them is to create something to make money from. BCH was created to be mined at lower difficulty and make money. BTG was created by the dev to premine 200,000 of it and make money from that, and lost of others with similar reasons.