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- Alts work like a testnet for bitcoins (looking forward seeing Litecoin with SegWit)
- Once an alt feature looks working it might get adopted no matter onchain or in a side chain. (RSK)
- Alts mostly need bitcoin to trade and some bitcoins might be always reserved / locked for this.
- Alts might help to generate a closed bitcoin economy
My favorit comes here:
- Alts work like an infinite fear generator (Hydra) against any try of regulators to bring bitcoin down, since there are too many to kill and its very easy to just create a new one (like a Hydra cannot be killed by chopping off some heads, even the biggest one!) > crypto world is anti fragile and it will stay on this solar system from year 2009 on.
Any other things missing here?
there will be to many to kill" yes population is power. altcoins create a backup for bitcoin in the present of it enemies. Still many countries in future will see the important of cryptocurrencies and will legalize it. Let keep our fingers crossing as we the bitcoinist look into the future with hope and prospect. My believe is no weapon form against bitcoin and other cryptocurrencies shall proper.