Post
Topic
Board Altcoin Discussion
Topic OP
Alt = US currency prior to regulation- wild west scenario
by
altnoob
on 02/03/2014, 17:00:15 UTC
As many of you know back in the day different US towns, states, territories ..etc. had their own currency.  This created alot of confusion as to what was fake, a scam, counterfeit, its value and so on.

That is until the us govt stepped in and regulated and formed a uniform measure of currency.

Do you think the govt will regulate or will the alt market self regulate to get down to a select few.  I say a select few rather than the 1, like the us dollar because with thousands of alt coins being produced and no end in site I don't personally believe there will ever be 1 global crypto and I also don't believe there should be.

The overall goal is to get more people using fewer coins to stabilize the market/value.  More coins being produced and market confusion is the only actual barrier to entry for more investors/users

Thoughts