Post
Topic
Board Altcoin Discussion
Re: How many cryptocurrencies should exist?
by
shtako
on 04/09/2017, 14:40:33 UTC
We currently may find over 900 active cryptocurrencies and the number is growing. I assume that this is not so good because the limited number will give the more transparent exchange and transaction terms - for example, 10 or 20.
What do you think - the number of cryptocurrencies should be limited or the market should be completely free and the strongest ones will survive?

There is no way of limiting the number of different coins or projects. Most will be worthless long term, but a few will stay, and new coins and tokens will keep coming. Let the market decide whats here to stay. New coins might destroy the value of older coins. For example if the technology of a new anon coin is superior to the coins already on the market, value could move from the old coins to the new.