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Competition isn't necessarily a bad thing. It has the possibility to be a catalyst that drives better performance to keep up.
That I agree. That is also why I don't mind shills peddling crypto shitcoins. Monetary darwinism is desirable basically to neuter the power of individual central banks and people getting aware that there are good money and there are bad money, and there are choices they have to make.
So yeah if new forms of money force questioning the status quo...all the better.
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