I agree. I truly believe that #bitcoin wins in free market currency competition, and so I don't see these other currencies as a threat, at most just a distraction. But if I had high time-preference with regard to Bitcoin (only interest is in NGU to get rich), then they are a threat because I'm focused on the wrong thing, incidentally giving credence to these other currencies as potentially solving problems which for you Bitcoin doesn't seem to be solving.

If we can move beyond high-time preference fixation on short term NGU, we can then focus on finding common ground so that we can come alongside each other where it matters.

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