Spaceman_Spiff
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October 14, 2014, 10:02:52 PM

It is relatively easy to change the rate of money creation for a central bank. That's essential to modern economy.
It is very difficult to change the rate of money creation for both Bitcoin and my shitcoin.  
If this difficulty is what you like about Bitcoin, you should love my shitcoin too.<==that's my point.
Ok, but then we get into the network effect argument.
That's a different argument.  I simply pointed out that Bitcoin's inelasticity is, in itself, an insufficient reason for Bitcoin to succeed.
True