working hypothesis: there will be at least three main govt owned Digital Currency Networks (DCN). $, € and ¥. there will be many private but govt sponsored or approved DCNs. maybe a dozen, maybe two dozens? there will a plethora of private or super private DCNs. all navigating between being outright censored or figuring out how their protocol can be tolerated by the owners that be. some living in the fringes, some in open daylight. a few questions: - will second tier nations decide to launch their own DCN (eg the UK) or align with one of the main three govt DCNs - can an independent DCN survive, be global in nature, and be widely used? - how will all these DCNs collaborate with one another - given that intense competition between DCNs will brews volatility, how long will it take for the owners/sponsors of the main DCNs to get together and agree to some type of governance framework. a crypto Bratton Woods if you will. #ethereum #bitcoin #btc #token #cryptocurrency #cryptocurrencies #blockchain #payments #money …see more