Post
Topic
Board Bitcoin Discussion
Re: Coinbase CEO: bitcoin is far ahead! Altcoins are distractions!
by
Btcvilla
on 06/03/2015, 03:10:39 UTC
Altcoins are basically useless except for demonstrating/testing out new ideas or perhaps as a fork if Bitcoin got too corrupted.
at this moment, the only use any altcoin out there has is just to put money in a few people's pockets. if you see the price change of any altcoin, you can see lots and lots of pumps and dumps which a few people are getting rich by.

Most the use of most altcoins is indeed to make money to a small number of people.

If an altcoin truly had an innovative feature, I am sure it will get adopted in Bitcoin as well.
Burstcoin and Litecoin...