If you have multiple competing cryptocurrencies that seems pretty equivalent to a system of free banking[1] which, well, worked pretty well in Scotland before t

If you have multiple competing cryptocurrencies that seems pretty equivalent to a system of free banking[1] which, well, worked pretty well in Scotland before the Bank of England took over. [1]https://en.wikipedia.org/wiki/Free_banking https://en.wikipedia.org/wiki/Free_banking