Viii. One other unique thing about Chimpion is that Merchants have the privilege of deciding whether to collect payment with CHIMP token or convert it to any stable other stable coins which they desire.
Meaning the merchants can not collect payment in their local currency, which makes Chimp no different than ByteBall. Now we just have ANOTHER token floating around attempting to compete for dominance. I see the same thing happening to crypto as has happened to Linux. Linux has far too many varieties and none are compatible with the other. Whichever flavour you choose is the one you are stuck with. If there was just ONE form of Linux, I believe it would have become a household operating system by now. It is superior to Windows, but diluted by all the competition.
All those developers attempting to introduce their own token rather than pooling resources to make ONE token the best it can be are basically cutting their own throats. Smarten up you smart people! You are smart enough to develop a great product, but not smart enough to see how it affects the big picture.
well, you may be correct about Linux and other examples you have cited here , but for chimpion, i think the essence is to promote the adoption of cryptocurrencies, so the fact that buyers of goods and services are able to pay not only with chimpion coin but with any other stable coin is an idea that will encourage the use of crypto in real life which i think is the main aim of the project.
For competition, it cannot be eliminated because everyone is trying to be better than the other , Mr. B uses the loop holes in Mr A's product to enhance his own and so on.