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Crypto question
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wjk
Posted 11/22/2024 08:14 (#10978034 - in reply to #10977794)
Subject: RE: Crypto question


South Central Indiana
ColoKansas - 11/22/2024 01:57

The only difference is the $ can be printed into oblivion.

BTC has a finite supply.


I don't understand this part, how does bit coin have any finite value when its basically just a file in a computer, whoever made the bit coin to start with could just make 1000's millions billions more couldn't they just like our govt and paper money? Someone made the first one to begin with, whats stopping them from making more? I tend to see it as someone mentioned above, a ponzi scheme with alot of hype and nothing to show for it when the computer crashes.
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