Replying to satoshi jr

That's not true at all. Money absolutely converges and cultures who use the weaker form either adapt or die

You can have bounded areas where someone with a monopoly on force can dictate a currency for limited amounts of time. But all trade outside of that requires a trustless asset.
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Hanshan 5d ago

but having those bounded areas rubbing up against each other is the status quo.

not some sort of homogenous whole.

ie, nobody uses Bitcoin for spending either.

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satoshi jr 5d ago

Right that's why trade can't happen in the currency used in the bounded box. You have to use a neutral reserve asset.

But you're back to the problem of if you try to save in the weaker asset you will lose

Money goes to 1