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Ep. 19: Accelerating Bitcoinization through Education - AmityAge Academy Founder Dusan Matuska on Moving to Prospera, Educating 100m People about Bitcoin and the Future of Money

Stranded Technologies Podcast

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Competition Among Cryptocurrencies?

I'm open to be more convinced going towards closer to the Pareto maximalist position. I would still make an argument for competition among cryptocurrencies and the argument is based on the concept of transaction costs. Bitcoin mining comes at certain costs that has a certain energy use. So I would like different cryptocurrencies to compete on lower transaction costs. Hey, this one uses less energy. Maybe this other currency doesn't deliver on that promise as well. It might be used for payments really well. And maybe there's something to the fear of Bitcoin. Because most of the people in the crypto space are newbies that don't know how the blockchain works, actually.

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