Anything else subverts the entire basis of money.
I think you just identified the motive.
Hey guys - you are in my TOP-20 bitcoin theorists. Both. Considering this, the latest replies have been lame.
I have presented a mechanism that may dethrone Bitcoin without asking the majority, the exact same way as it has always happened during monetary transformations in the history (leaving the majority holding the bag),
and the same way as Bitcoin gained its valuation, which you and I are not ashamed to enjoy.
I am interested in hearing analytical criticism that could invalidate the theory.
What I hear instead is moral criticism that
the entire basis of money is subverted if such happens.
This isn't a moral criticism, but a practical one, as argued in the post. Stores of value can change, but this cannot be a
fast process as that contravenes the very definition of "store of value." Not unless it absolutely has to happen (facing catastrophe), as I also mentioned. Or let me make it more clear: I do not think the market will accept changing the store of value except as an absolute last resort.
FWIW, I don't agree with Justus's suggestion that altcoin investors are attempting to subvert the basis of money.