[doggosphere]

Creating a new cryptocurrency doesn't make Bitcoin less scarce.

At worst your coin takes time and attention away from Bitcoin, and thus takes value. At best it outgrows Bitcoin, and grows the entire space.

But that's like saying you could build your own alternative to Facebook by whipping up some corporate partnerships and venture capital. Go ahead, we'll see which one wins in the long run.

[root_axis]

I did not say it would.