who created this genius idea to make cryptocurrency like the stock market instead of actual cash? I mean the alleged founder of bitcoin argued to tax bitcoin like cash in Australia instead of like stocks and assets in that country and he got denied. If he really is the supposed founder (Mr. Wright?, wtf was his name?)......I mean I don't really want to use a digital platform that is worth $900 one day $1150 the next and then $875 again. I still struggle to invest anything at all into crypto vs just mining it all. I might hold some BTC but I sell it pretty often and maybe re-buy when I think it will go back up. I make a bit more doing that vs just straight holding it.

I can't remember if it's steem and steem dollars (kinda like vericoin and verium's relationship)...but instead steem dollars are pegged to the USD so one steem dollar really is $1.00 but steem itself can be asset based instead of steemit's cash based design....so I guess its a currency with a reserve kind of like this?

My point is we need ideas that can explode altcoins and demolish bitcoin once and for all. What should those ideas be? I mean, I know the mining aspect of altcoins in of itself is a problem where we automatically sell for bitcoin and put intense selling pressure on the altcoin. How exactly do we best fix that going forward to save altcoins? How bout launching a coin that is immediately upon launch cash exchangeable instead of BTC? Maybe miners wouldn't autosell so fast if they knew they didn't need to. I guess Ethereum and I don't know what else can be exchange for actual cash without converting to bitcoin first. We need coins like those, but at launch. How do we accomplish that? Is that what these expensive ICO's are all about? Trying to pump up value of a coin at launch? (sorry I don't really know what an ICO is, I mean I can google it but I don't really know what it is and how it pertains to the launch of an altcoin, maybe someone can explain?)

And why doesn't everyone convert to proof of stake if its just so wonderful? Sorry, I'm actually a bit new but I'm not all that stupid. Someone help my n00bness. Is being gpu and asicproof really all that important? If this coin has that gpu and asic resistance...just how special is that? I don't know much about verium, so maybe someone with more answers than me can chime in....what is going to be so special about this coin features wise besides the gpu resistance...what makes it so special vs the hundreds of altcoins out there?

Sorry I'm just trying to understand why we need 700+ altcoins, this just being another one, I want to know what makes it special and why we need so many bitcoin alternatives and when an altcoin will eventually defeat bitcoin, but how? How will we altcoin supporters pull off the defeat of bitcoin?