Unless you were an early Bitcoin miner, everyone could be far better off and more wealthy by abandoning BTC and switching to some random turdcoin. The problem here is, so many altcoins exist, either with invalid security models or negligble feature differences from Bitcoin, that there can never be convergence on which turdcoin the crowd should abandon BTC for and switch to.
The next problem is, even if by some miracle of gawd this actually did happen, you would be degrading all credibility of your own crypto as a store of value at the same time. If a random turdcoin could pass or even get close to Bitcoin, it would mean that at any time your new coin could just as easily be overthrown and go to zero. This means the only logical move is likely to go with BTC or just stay out of the game period.
Distributed systems like Bitcoin aren't based on perfection, they're based on tradeoffs. For instance, you could remove mining to save energy and create a closed loop, recursive, PoS system, but without the external entropy of mining, you now have a permissioned ledger and not a real decentralized currency. It has no real fault or state recovery since it needs to reference the parts that have already failed in order to continue. With Bitcoin PoW, there really is no terminal failure unless the cryptography itself becomes compromised. That's why Bitcoin is more valuable than all the alternative methods you see. A global economy can't go from working to dead at the drop of a hat with no way to fix it.
This means, yes, your Borgcoin is probably not going to be worth shit.
Borgcoin has 500,000,000 coins to be minted. 500 million being based on the mass ton of the borg trans warp ship with a maximum rated speed of 29.968 warp factor with advanced trans warp drive. The fastest trans warp drive ship ever to exist. Join the collective now.
