1/ #Cryptonetworks represent a coordination mechanism around a scarce resource (or resources).
2/ In #Bitcoin, the scarce resource is space on the ledger, and a highly secure ledger at that.
3/ If you believe “ledger space” is the only scarce resource that a blockchain can coordinate around, then you’re a maximalist of some kind.
4/ If you believe a cryptonetwork can be used to coordinate agents around scarce resources other than “ledger space,” then you’re a polycoiner.
5/ If you believe cryptonetworks will never be successful at such decentralized coordination around scarce resources, then you’re likely a nocoiner.
6/ Personally, I’m a polycoiner, as almost never in history have such powerful technologies relegated themselves to focusing on a single scarce resource.
