It's not a fork, it's a whole separate ledger with the same code
Or worse yet, a proof-of-work ledger with better privacy features
Discussion
Fork is a new ledger too but you missed my point entirely. Better feature doesn't mean a new absolute digital scarcity.
If Bitcoin 1 is scarce,
Bitcoin 2 + privacy feature can be scarce
If you say that Bitcoin clones are not scarce because they could be further cloned, that applies to Bitcoin 1 also
Why is a forked version (starting a fresh ledger) of Bitcoin not scarce? There will only ever be exactly 21M BTC2
Just explained in another note. #Bitcoin GitHub code was forked thousands of times, once by myself too. None of them will ever become the absolute digital scarcity.
I don't think #Bitcoin is scarce, I know it is absolute digital scarcity. That's massive difference.
When Satoshi created Bitcoin, he discovered digital scarcity. This event of discovery can't be recreated again because it's a binary thing.
Whoever tried to recreate it, created just another clone, a shirtcoin. Thousands of people tried, all of them failed. Yes, shirtcoins can be scarce but none of them can ever become the absolute digital scarcity that was discovered a decade ago.
What makes it scarce? Social convention to select this ledger rather than that one?
Because I can take the code and create a new ledger, which has all the same properties. The only difference is people are already using this ledger instead of that. Which is also the argument for the US dollar...
Read my note again, please. The event of discovery makes it different.
If you don't know how it can be scarce, create your own #Bitcoin and try to send me a few #sats. Unless you'll send a part of the scarce 21M, my wallet will refuse it as a counterfeit.