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it is sad to see how little people here understand of the economics of network effects as well as the economics of bitcoin.
Exactly. That's why you should also buy my CopyCoin--the same applies.
tell me what is the value of a global scale value ledger which can only be changed a consensus of its participants and is immune to any other intervention?
Participants? Or a cabal of a few megapools/megamines/core devs with commit privilages ?
additionally this ledger also has a function and is scarce.
How many of my scarce CopyCoin should I put you down for?
Just like m at this point of time the market capitalization is 0,05% of the gold market cap....
My CopyCoin is currently valued at $0.1 per coin, translating to a much lower percentage of gold market cap. The upside is substantially greater.
In other words:
