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RE: Why Bitcoins percieved scarcity of 21,000,000 coins is a falacy: But has worked for now
Thank you. I admit I have more learning to do and that bitcoin is the big daddy. But who is to say that Ethereum, Litecoin, Ripple, or something to be released will not surpass it? If this happened, wouldn't this halt the exponential demand for bitcoin?
Yes, of course. First to market is good, but it's not invincible. Other coins serve similar or vastly different purposes. Anything can grow to overtake anything if the economy adopts it.