What stops another smart set of programmers creating another crypto and another and another. I know Bitcoin has a so called maximum money supply of only 21 million. That is not the point. The point is, there are 700 or so other cryptos in the market place and growing. This is bitcoin's real competition. Sounds like printing presses can be set up in anybody's backyard and with some smart programming another crypto is created. This is the ultimate breeding ground for hyper inflation. All these cryptos are heading to zero one way or another unless Apple or Android, Galaxy can agree on a standard that only one currency can exist on their smart phones with a limited money supply. We are a long long long way off from this happening.
Buy NST, Gold
Stay away from Cryptos
Bitcoin crash, page-28
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