while certainly eloquent, you admittedly and surprisingly have very little knowledge about many of the ancillary branches surrounding Bitcoin.  before making rash judgments about Bitcoin, you'd be wise to research and understand how these alternative systems fit into and interact within the cryptocurrency space.  by doing that, you will get a much bigger and more accurate picture of how Bitcoin compares and contrasts. this is very critical information b/c one of the cardinal investment principles that i often parrot around here is that "most investors in the cryptocurrency space are going to lose money".  i say that b/c i have significant experience investing in markets and this seems to be a universal rule.  it makes sense b/c not everyone can get rich, not even most everyone.  in fact, only a small %.  bull mkts buck most investors off several times on the way to their tops.  which is why we have, for the most part, a small % elite class in every country you might care to name (ignoring of course crony capitalism).  once you realize that so many ppl are losing money on so many altscams you realize that the simplicity of Bitcoin is a beauty to behold and has fooled so many ppl, esp geeks, who think their time has come and they can design and deserve their own money making systems that cannot possibly lose since Bitcoin and tech are right up their alley.  it's quite striking.