Can You Copy Mobick?

December 5, 2024

As you delve into Bitcoin, you inevitably encounter questions that countless others have faced before. One of the most common is: “Can I create a second Bitcoin?” Bitcoin wasn’t created by a government or a Swiss bank; it was invented by an ordinary person—just like you and me, right?

When you set up multiple nodes and turn them on, they generate unbearable noise and consume a lot of electricity. If you’re wealthy enough to keep them running for a while and persistent enough to endure the heat and noise, you’ll eventually receive block rewards—and you can name them whatever you like. Let’s say you call them MONKEY. You hand out your MONKEY to your friends and even some passersby. To your dismay, nothing happens. The recipients either discard them or completely forget about them because they have no value. You begin to realize that you’ve wasted precious time and money for nothing. It’s nearly impossible to make people believe that your creation has value.

Creating value out of thin air is almost impossible. Without the help of a darknet marketplace like Silk Road, Bitcoin might never have been adopted. Most crypto projects try to bypass this organic adoption process through private sales, public sales, ICOs, or IDOs. They push early investors to buy their otherwise worthless lines of code. Once people have invested their money, they now have skin in the game and become cheerleaders. It may look similar to Bitcoin’s journey on the surface, but it’s entirely different at its core.

Take BMB, for example—it’s now trading at around $400. Even though the project team initially gave away free crypto, people somehow came to view it as valuable. Why? Because they required recipients to invest their time, effort, and money to be at a specific location. The sunk cost to get Mobick wasn’t negligible back then.

Some people who view Mobick from the outside often claim they can replicate its success. I highly doubt it. If a well-known entity, such as a local government or retailer, decided to give away crypto for free, the location would likely be overwhelmed, potentially resulting in chaos or even a stampede. A single death or injury could doom the project before it even begins. Even if they managed a successful giveaway, the amount of crypto each person received would have to be minimal. In that case, growth would be slow, and the ecosystem’s core would remain weak—similar to what we’ve seen with Worldcoin and PiCoin. Mobick’s core is incredibly strong because the project team distributed a substantial amount of crypto to a relatively small group of people.

The reason both Bitcoin and Mobick survived in their early stages is that most people doubted their potential. Only a few believed in their vision, and that skepticism allowed them to survive their infancy. It’s the same with other groundbreaking ventures. When Jeff Bezos started an online bookstore in his garage in 1994, nobody expected it to grow into one of the largest e-commerce platforms in the world. Likewise, no one could have predicted in 2004 that a crude social networking site developed in a Harvard dorm room would evolve into Facebook. They survived because their competitors didn’t view them as a contender.

When you examine any network closely, there’s no inherent reason why A should succeed over B. For some arbitrary reason, A becomes slightly larger than B. Seeing this, newcomers choose to join A instead of B. Over time, the gap becomes insurmountable. Bitcoin has followed this trajectory and is now the strongest blockchain network in the world. It’s unlikely that another network will surpass Bitcoin anytime soon.

Mobick doesn’t need to grow faster. It just needs to be slightly bigger or better than the rest of the pack.

#Mobick #BTCMobick #BMB #Bitcoin