There is no intrinsic property that makes it "the real asset", it is a completel... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		root_axis on Jan 24, 2018 \| parent \| context \| favorite \| on: Ending Bitcoin Support There is no intrinsic property that makes it "the real asset", it is a completely arbitrary distinction based on social coordination not on any fundamental property of the ledger.

milcron on Jan 24, 2018 [–]

That's true. But regardless of which ledger is "the real asset", there will only be 21 million of that coin.

You can clone the technology, but you can't clone societal acceptance.

WorldMaker on Jan 24, 2018 | [–]

Only supposing there isn't a soft fork accepted by miners upping the maximum limit of coins.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact