Competition isn’t an inevitable good. While it’s a very powerful tool in certain markets, in others it carries more risk than benefits. Currency is not really a

Competition isn’t an inevitable good. While it’s a very powerful tool in certain markets, in others it carries more risk than benefits. Currency is not really a realm that is lacking in competition anyway. The main competitive drive in the cryptocurrency world appears to be tax and banking law evasion, and now scamming naive investors. Harder to do those things with Euros and Rupees.