https://api.cointelegraph.com/amp/v...to-launch-tuesday-to-make-bitcoin-great-again 21210000 new supply , with 210000 premined coins . Lol
But but but there’s only a “limited supply” of Bitcoins! LOL Hey, keep making coins as long as there’s still a market for them. Capitalism at its finest. I’m just pissed I’m not in on the racket
If demand for this fork is as strong as demand for current BTC, yes. Since nobody cares about these forks anymore, it will have no impact.
The nature of the bitcoin tech allows anyone to fork the original bitcoin. No need to ask for “official” approval. There is no official there. Just get enough people willing to play with it. You can even just circulate your bitcoin fork among your friends...
Let's say McDonalds issued their own tokens on a block chain, called BigMacBux. You can redeem 100 BMB for 1 bigmac. People buy and use these bucks as currency. Someone wants to open a new burger chain called WcDonalds and want immediate customer base, so they tell the world "Hey World! If you had any BMB today, you automatically have the same number of BigWacBux on our blockchain. Come and redeem your BWB today!". So people do that. They take their free BWB, get a free burger and then forget completely about WcDonalds. WcDonalds will still create burgers and sell BWB, but you can't go at McDonalds and pay with them. They are separate entities with different tokens, but with a shared history.