> 3. Unlike government issued currencies, any monopoly or control facebook derives isn't done through force, it's by making a coin better than all the other coi

> 3. Unlike government issued currencies, any monopoly or control facebook derives isn't done through force, it's by making a coin better than all the other coins. Other people are still free to make their competing coins. But how do you define “better”? Bitcoin has shown you can have non-consensus about very basic things like the ledger and all chaos breaks loose. And what if it’s a large corporation driving non-consensus?