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Artificial scarcity won’t prop up Bitcoin (fortune.com)
8 points by mathattack on Dec 21, 2017 | hide | past | favorite | 1 comment



Bitcoin itself has scarcity by design, but since it is an open idea backed by nothing it really doesn't have any scarcity. The tons of new altcoins and forks definitely reflects this. Android's fragmentation probably shows us what crypto's future fragmentation will look like.




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