Part 2/6:
Andreas, the speaker, responded by emphasizing that monetary policy is deeply intertwined with the environment in which a currency operates. It’s not merely an abstract feature but a trait that shapes a currency’s identity and role in the broader financial ecosystem.
He then took a detour to clarify misconceptions about competition within the crypto space, specifically between Bitcoin and Ethereum. Many assume these two are rivals, but Andreas argues they serve different purposes and are not directly competing. Instead, they are better understood as specialists, each optimized for distinct goals, much like different species in nature.