Why Altcoins are Doomed
Andrew Barisser
4810

To this i must respond. I don’t know if all these alt-coins will succeed or fail, but there is a way where there is space for diverse communities and tools to succeed long term. If they try to make their alternative just about technical differences you are exactly right. But if it is rather about financial, social, and political management of diverse communities, then there is great room for diversity. We currently have many financial institutions and many financial entities for legitimate political reasons. Cryptoledgers are the tool of the future that will allow some of these entities to transition to a new world if they accept necessary political and social changes.

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