When competition disappears from the equation, you get something that looks clean on paper—fewer wasted resources, less redundancy, zero foolish moves. But here's the catch: without rivals pushing you to innovate, the whole system gets complacent. The absence of friction that would normally drive progress becomes a double-edged sword. You avoid the costs of competition, sure. Yet you also kill the spark that makes markets evolve. In crypto economies especially, where innovation cycles move at breakneck speed, the lack of competitive pressure could mean stagnation masking as stability.