"The reason gold was used as money more than granite is no longer relevant." I disagree. Yes moneys are stories, but they are not arbitrary stories. The money-winners eventually emerge due to possessing very specific characteristics.https://twitter.com/TusharJain_/status/1009926106504400897 …
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I can go create an ERC20 token tomorrow with higher ratio. Again, fixed supply does not on its own create value. Demand needs to come from elsewhere. So it comes down to the right mix and score across various fundamental properties. And that’s where we find room for disagreement.
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Fixed supply is *one* of 7-8 desirable properties.
End of conversation
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Yep. They both share the same first comer advantage status. If Bitcoin was say, the 20th cryptocurrency in the space based on cryptoland chronology, I strongly doubt any one would pay attention.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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