Don't know what to tell you, think of china and the rest of the world ( excluding africa ). Almost everything is copied by the chinese, from handbags to entire towns even, no innovation whatsoever. ETC is china.
So there's no real point to it? Just cheaper
No. As far as I remember, ETC is also built on the ethereum platform but it has faced a hard fork, so the coin was nearly killed and that's why the price is that small. ETH is a new version on the same platform. And I think that it has some code improvements but perhaps I'm wrong. So, it seems to me that etc is something btc would become in case of the hard fork and eth is like the potential bytecoin.