21 million is ridiculous to me. Bitcoin isn’t the only one, there are thousands. Bitcoin Cash, now two different coins, and all the others show that 21 mill is a fallacy. By creating other coins no inflation is also a fallacy. Every new coin reduces the value of Bitcoin because the money would have been used to buy bitcoin not the coin they bought this diluting the pool. All I have to do is write a “Whitepaper” saying I’m going to save the world from the oppressors and I can create millions out of thin air and they cry about Fiat?!?
Those are just shitcoins which will eventually die anyway. And anyone willing to buy these worthless token will learn the hard way. Shitcoins are no competition to Bitcoin, nor do they share any values. All are just scams.
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