"If bitcoin is “digital gold”, then forking and copy-pasting are successful forms of “digital alchemy”.
 
Although no government or central bank can control cryptocurrency`s supply, in fact it is endless, while value of Bitcoin is based on perceived scarcity only. What is why forking and cloning may have devastating effects. To be fair, Bitcoin is scarce on the Bitcoin blockchain, but all technologies are public property and blockchain can be forked, cloned and its technology copy-paste.
 
Bitcoin sometimes is regarded as digital gold. However, gold is in truly limited supply. There are already several actual Bitcoin forks and, theoretically, the number of clones and close substitutes are unlimited. Just imagine that alchemy can successfully clone gold and create very close substitutes, some of which have even more attractive properties than gold itself.
 
How will this affect the value of gold? " Alfa Rating https://t.me/alfarating