Are there too many hot chicks on the Asian thread? I think not, my friend. Of good things, there are never enough
Good things also have a tendency of being useful.
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Thank you, an excellent post.
There are many reasons. Including:
- people want to experiment with blockchains
- people want to launch pump and dump coin to make money.
- people create fake wallet with trojan to steal your coins
- people want a coin for their community
- some started as joke (dogecoin)
Ironically Dogecoin is on the list of the 'better' coins I've made back when I thinking which coin to choose for my site.
All coins lead to BTC. Namecoin and Ethereum is different as they actually serve a purpose; namecoin being domain registry and ethereum for creating contracts/applications.
Are there other cryptocoins that serve their own purpose other than a currency? Maybe buttcoin.
Well, I would say coins that focus on privacy and anonymity serve a purpose too, but they are useless as you can't use them anywhere.