What I love about altcoins

For each & every possible idea of how economies work, (schools of thought) people are making an altcoin that plays to its strengths. In the end, the coin that most closely follows the "Correct" version of economics is going to survive, while the others slowly die. This will forever prove all other schools of economic thought wrong for good.

Bitcoin is obviously the Austrian School's coin... Freicoin was a great socialist coin with its built-in demurrage. Stablecoins may be the best version for today's keynesian-minded fiat school of thought. The list goes on.

tl;dr: I appreciate that all these altcoins exist so that they can die, and in doing so, prove to economists the world over which school of thought is correct.

submitted by /u/maxcoiner
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from Bitcoin - The Currency of the Internet https://ift.tt/2DEJ1gW

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