I left out a few details. The crypto economy can take on a multi party voting system comprising of the different mining networks used.
The first person to code the structure for the new block chain, allowing for the creation of a new currency for each claim submission, can submit his/her work as the first claim, effectively getting the coins for the submission of the code for the system. This cryptographically verified claim is going to be worth a ton of money soon.
The second sentence hurt my brain, so I stopped there.