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<blockquote data-quote="wilberforce15" data-source="post: 4751346" data-attributes="member: 5053"><p>Forking has been done. But your'e missing that currencies have a network effect. The more people that join them mean that they grow faster and faster. </p><p></p><p>it's just like facebook had a hard time getting 10 million users. But 100 million was a little easier. And 1 billion was super easy. Things accelerate once wide adoption starts, becuase everybody finds the need to be on the same network. </p><p></p><p>Currencies work the same. The adoption rate is just now picking up speed. And the new currency will not attract any users or value unless it actually offers something new. And the 2nd through 8th currencies right now do offer things that are different. There is room for many. </p><p></p><p>But a mere copy won't ever get any traction anywhere.</p></blockquote><p></p>
[QUOTE="wilberforce15, post: 4751346, member: 5053"] Forking has been done. But your'e missing that currencies have a network effect. The more people that join them mean that they grow faster and faster. it's just like facebook had a hard time getting 10 million users. But 100 million was a little easier. And 1 billion was super easy. Things accelerate once wide adoption starts, becuase everybody finds the need to be on the same network. Currencies work the same. The adoption rate is just now picking up speed. And the new currency will not attract any users or value unless it actually offers something new. And the 2nd through 8th currencies right now do offer things that are different. There is room for many. But a mere copy won't ever get any traction anywhere. [/QUOTE]
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