Comment: What's keeping someone from making another brand

(See in situ)


What's keeping someone from making another brand

of online currency, called BittCoinn that is totally identical in every way? And twenty five million other people from doing the exact same thing?

Scarcity is the root of all value, and while BitCoins per se can't be replicated infinitely, other "limited" digital currencies can compete alongside. Ultimately, the currencies could reach the intrinsic value of the bytes they are stored in.

I still think everyone should own half a Bitcoin and buy gum with it, if only to be a thorn in The Man's side.

Author of Shades of Thomas Paine, a common sense blog with a Libertarian slant.

http://shadesofthomaspaine.blogexec.com

Also author of Stick it to the Man!

http://www.amazon.com/Stick-Man-Richard-Moyer/dp/1484036417