I'll answer specific questions in chemistry and help solve chemistry homework and lab problems.

My qualifications: I have a B.Sc. in chemistry and i was a T.A. for analytical, inorganic and physical chemistry courses.

The price: You decide actually! If after i answer your questions you think my answers are worthless, don't give any BTCs, if you think they're awesome then send some my way.

Of course i reserve the right not to answer questions for any reason. I will NOT tutor anyone on the synthesis Methamphetamine for instance.

So let's see how this goes.

Ask away!  

We all know that healthy competition drives innovation and pushes products and services to be cheaper and better. But on the flip side there are a few things which seem to work better as a monopoly, like the city's water purification and distribution system. It would be hell to have competing companies all lay down their own pipes to give you water.

I'm just wondering how this applies to bitcoin.

If someone came out with a competing cryptocurrency system; BitShinies, BitIngots or BiteMEs... would the competition between the systems make them better as developers and businesses implement better and more attractive features? or is this one of those things that work better as natural monopolies (albeit a decentralized monopoly)?

Personally i'm leaning toward natural monopoly since i don't like to have to convert between several different currencies. I think the Euro was created to smooth out the problems with multiple currencies.

But i'm not an economist, i probably have no idea what i'm talking about.

What do all of you think about competition? good or bad?