Quote from: Kleptoid on November 29, 2013, 08:51:12 PM

Quote from: revans on November 29, 2013, 08:32:33 PM

But hang on, how can a different currency be deemed inflationary to Bitcoin? The much ballyhooed 21 million Bitcoin limit and all that. Are you suggesting that given that all these alt coins are basically identical to Bitcoin their existence effectively inflates the Bitcoin pool?

Not the bitcoin pool, but the crypto-currency pool, yes, that is exactly my point.

Quote from: revans on November 29, 2013, 08:32:33 PM

If that is the case, there goes the scarcity argument as now there are effectively a limitless supply of Bitcoins.

No, there is a limitless supply of crypto-coins, the supply of bitcoins remains the same.

Given that Bitcoins also belong to the set 'crypto-coins' the distinction is moot.