stacktoshi on Nostr: Bitcoin is beachfront property without the erosion. The "copies" are just ...

Bitcoin is beachfront property without the erosion. The "copies" are just deteriorating apartment buildings controlled by a cabal milking you to enrich themselves.

quoting note1n9j…5cgp

Indeed. Midwits just scoff and proclaim "oh, anyone can just copy it" but their gnat-size attention span won't permit them to play devil's advocate for 5 more seconds and ask "and then what?" or "why hasn't one of my fellow midwits copied it and profited yet?"

What comes next for the Bitcoin timechain is worth more than what comes next for all copies put together. And that's because the enormous sums of scarce resources used to write the latest block make the timechain immutable. There's simply not enough accessible resources under the control of uneconomic actors that can unwrite that last block, or the next one, or the one after that.