Quote from: realr0ach on August 05, 2019, 03:16:22 AM

Quote from: Febo on August 05, 2019, 12:58:22 AM

Overall in next 20 years Monero, Bitcoin and Gold mining emissions will be quite close together. No huge differences. All will be scarce and none will have problems with to low emission.

There's no such thing as a "scarce" craptocurrency. Even JayJuanGee can play God and create them out of thin air and there's no Schelling point that forces anyone to use a particular one. Then even if there was only one craptocurrency, it would fork into several craptocurrencies because their traits are entirely arbitrary and some people would want different attributes than others. Unlike physical metals, nothing based on artificial scarcity you can endlessly conjure out of thin air has value.

I know that you are not as dumb as you are making yourself out to be with this repeated lack of scarcity argument.

You do seem to understand the concept of schelling point, but asserted that there is "no schelling point," which is exactly not true.

Bitcoin is the schelling point and remains the schelling point. There are a lot of shitcoins trying to become the shelling point, and maybe even within bitcoin the schelling point will change, but that seems quite unlikely and seems to be quite clear that bitcoin is dominant within all of the network effects and various ways that those are measured.

Sure, at some point in the future there might be confusion about schelling point, but currently the only confusion seems to be of your own creation and also the creation of shitcoin pumpers, nocoiners, fence sitters and bitcoin naysayers.... several of you dumbasses will come onto bitcoin sooner or later, but some of you, like yourself roach, will continue to downplay actual facts and lose out on opportunities while continuing to pump a dying asset class, namely PMs such as gold and silver.