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A comment on Bitcoin has crossed $6,000 USD for the first time. Parent comment

Re:Bitcoin has crossed $6,000 USD for the first time by albertgoeswoof on Friday October 20, 2017 @12:28PM (#15517054)
> Think of it as a high-risk hedge against future hyperinflation - the Fed can expand the monetary supply arbitrarily to infinity; but Bitcoin's expansion is limited by design.

That's true of bitcoin, but not bitcoin forks. You can just fork the chain and there's your dilution / inflation e.g. Ethereum classic, Bitcoin Cash, both of those are taking value away from the Bitcoin and deflating the currency futher.

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Re:Bitcoin has crossed $6,000 USD for the first time by AElsinore77 on Friday October 20, 2017 @01:22PM (#15517494)
This is a very interesting point. One distinction I'm getting hung up on is that this dilution is in the form of a different currency (Ethereum classic, Bitcoin Cash), not in Bitcoin itself. So the "dilution/inflation" effect comes in the form of competing currencies. In these events, do you have a sense of what mechanisms might affect whether the new currencies gain traction?
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