Using an Altcoin to Save a Few Cents May Not Be Worth ItBitcoin’s network effect runs deep and it has the largest infrastructure compared to every other altcoin. Merchant acceptance for altcoins is very low compared to the 100,000 plus merchants worldwide who accept bitcoin. So using an altcoin to save money is not so convenient as there are very few places that accept other digital currencies. Bitpay’s merchant services has no altcoin support alongside a great majority of global payment processors and debit cards that only utilize bitcoin.