This is exactly right.
If you create a company and copy Facebook's code, the resulting company will not be worth as much as Facebook.
Why? Because much of Facebooks' valuation derives from its network.
Bitcoin is the same.
If you create a company and copy Facebook's code, the resulting company will not be worth as much as Facebook.
Why? Because much of Facebooks' valuation derives from its network.
Bitcoin is the same.