Hi brother,
Once again a very well written post. I like how you at first introduced the website and then focus on the contest.
I'd love to participate and write a similar text but I'm simply too busy.
Because I am aware of centralized systems that are also coined as cryptocurrencies and I don't regard them as true cryptocurrencies.
I agree with you. Many coins claim they're amazing cryptos but in the end they aren't [(even) decentralized].
The rest of the article is really good too - issues regarding governments (and their power) and lastly the financial system with its bubbles and connections.
Anyway, I don't really think that simply "a lot of different coins" would change this whole economy. Market cycles and bubbles probably always will be there (this whole overlapping as well, I guess). It definitely is better to have various coins/currencies instead of only one of course.
Thanks for dropping by again bro. Yes, it is a far fetched dream of mine. Market cycles likely is here to stay due to human nature :)
I just hope we can be a bit more resilient
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At least I've time for that bro. Okay haha - exactly, humans normally don't change that quick. ;D
I guess many traders are haha - especially in the volatile crypto space.