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Comment: But Amazon has plans to

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In reply to comment: missing the point. (see in situ)

But Amazon has plans to

But Amazon has plans to create their own currency!

If these amazon coins catch on, and why wouldn't they, then they could be used outside of Amazon's system much the way facebook login is now available everywhere.

Then it's a matter of do I want decentralized bitcoin, or centralized amazon coins? Each would have it's advantages. One of the most advantageous things a centralized currency like an amazon coin would have would be recoverability. You wouldn't have to worry about losing your wallet (A big deal for those less computer savvy).

I'm just saying, that to deny other currencies coming about would be like saying that since the FRN works today, it will work tomorrow.