It could be argued that Bitcoin could never deliver on the scarcity promise anyway.
If shitcoins are on a security spectrum with Bitcoin, then they could all be seen as (shittier) Bitcoins. The qty of digital money being infinite, and thus somewhat irrelevant.
In #liquid liquid.net , isn't bitcoin scarcity preserved?
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Liquid is a centralized shitcoin. Its masters currently offer a 1:1 price for it.
Thank you for your reply. I respect your experienced opinion, and appreciate knowing where you stand.