If I draw Franklin's face on a piece of paper that doesn't become a 100 dollar bill. It would be a useless piece of paper.
That's the same with altcoins, when a shitcoin copies bitcoin it doesn't affect bitcoin's supply or the fact that it is deflationary. It would simply be considered a weak copy.
Same thing is true if some day banks and other institutes start giving out "fake" bitcoin's through loans, etc. It won't affect bitcoin itself.
That's the same with altcoins, when a shitcoin copies bitcoin it doesn't affect bitcoin's supply or the fact that it is deflationary. It would simply be considered a weak copy.
Same thing is true if some day banks and other institutes start giving out "fake" bitcoin's through loans, etc. It won't affect bitcoin itself.
This analogy is very apt.Suddenly I understood that replicas are always replicas, and Bitcoin is always Bitcoin.
But I guess OP wants to express bitcoin derivatives, not replicas.