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How many cryptocurrencies does the world need?

There are 1,110 cryptocurrencies registered on; nine of them have a market cap of above $1 billion, and 377 have a market cap of above $1 million. This naturally begs questions like “Does the world need all these cryptocurrencies?”, “Will the one with the largest market cap survive and all others disappear?”, “Will a new currency take down the rest of them”, and “Could all these currencies co-exist peacefully” (no one really believes the last one from what I’ve seen).

When looking for answers to these questions, it’s natural to look for a familiar analog to compare cryptocurrencies to, such as fiat currencies or precious metals.
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Sami Mebazaa

Innovation Director at Talan
Sami is eager to create a spirit of innovation in the Talan community - including consultants, clients and other stakeholders. In this mission, Sami has worked as the Director of Innovation at Talan since 2010. He strongly believes that the problems we encounter on a daily basis are the source of inspiration for innovation.

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