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RE: Why Blockchain Maximalism Is Downright Foolish
There has never been a single currency in all of human history. Very likely the trend is toward even more currencies than in the past. Seashells were valuable in the mountains, not so useful at the beach. It's these differences in ecosystem that cause value to not be equal across the board, and that's why trade exists. If only one thing ever has any value, then trade could never work because one would be trading something of no value for something of value.