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by cloakandswagger 3200 days ago
Of course, but no one that I know of implied that it did. Any grown adult should know that if the price of gold/oz is stated as $X, or the market cap of the stock market is stated as $Y, that it doesn't mean if all of it was sold tomorrow it would generate X or Y amount of dollars.

The $8B figure for BCH is using the exact same semantics that every other non-cash asset in the entire world uses. But because it's crypto we get pedantry like this.

1 comments

I think the discussion was more regarding the comment:

    Bitcoin: "I'm going to create $8B out of thin air"
That's just really not the case. Sure a bunch of BCH were created out of thin air, but it's not accurate to say $8B was.