[travisjungroth]

There’s only one AAPL because we all agree there is. What if the NYSE and NASDAQ disagreed? It all comes down to people.

This is the bait-and-switch of crypto. People act like it’s all code and messy humans aren’t involved and this just isn’t true.

The original comment I replied to said there will only ever ever be 21,000,000 Bitcoin. I believe this is not fundamentally true because “Bitcoin” is whatever people say it is. If we all agreed to accept a fork with 22mil and call it Bitcoin, then that’s what it is. Sure, that old fork only has 21mil, but who cares? Old forks get dropped all the time.

This all isn’t entirely theoretical. This already happened with the other major part of cryptocurrencies, the immutable blockchain. What we all call ETH has a rollback in it!

No, this hasn’t happened with BTC but there’s no reason it can’t. Every second that the Bitcoin blockchain doesn’t get rolled back, every second that there are only 21 mil possible Bitcoin is because we all collectively agree that’s the case.