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RE: Are hard forks good or bad?

in #bitcoin7 years ago

These hard forks are very confusing. It appears the bitcoin cash fork didn't affect the BTC price but I feel the more forks done and the more versions created will eventually hurt the overall value of all of the coins. I feel the more forks and coins made the more it seems like a fiat currency. Bitcoin was designed to not be like fiat that could be created at will and all these forks are doing is creating more coins out of thin air just like fiat dollars IMO.

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Thanks pnutbrand! I was wondering how new versions of bitcoins are different from new coins starting? New coins will always start, and they are also coins created out of thin air...