Another possibility for derailing Bitcoin would be through the invention of a new form of sound money that is superior to Bitcoin. Many seem to think that the other cryptocurrencies that mimic Bitcoin could achieve this, but it is my firm belief that none of the coins that copy Bitcoin's design can compete with Bitcoin on being sound money, for reasons discussed at length in the next section of the chapter, primarily: Bitcoin is the only truly decentralized digital currency which has grown spontaneously as a finely balanced equilibrium between miners, coders, and users, none of whom can
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