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However, as the crypto ecosystem expanded, Andreas realized that his initial assumptions were too narrow. The proliferation of altcoins revealed a different dynamic: rather than competing for market share in a zero-sum game, these cryptocurrencies are acting as a kind of digital laboratory for human creativity and social experimentation.
Altcoins as a Cultural and Linguistic Phenomenon
Andreas draws a compelling analogy between money and language. Just as there are hundreds of thousands of human languages, he foresees that there will be hundreds of thousands—and eventually millions—of alternative currencies and blockchain projects. These creations will emerge at an astonishing rate, potentially thousands each year, each with its unique features, capabilities, and cultural significance.