Can someone explain to me why I should avoid creating my own coin and use bitcoin for my projects? Being a software vendor we want to give people a newly created coin for buying our software in hopes of creating value in that coin. Thoughts?
Unless you are a very big software vendor (like valve, google (play store),...) the problem will be the inconvininece to exchange to your coin. It would be like a gift card (only useful at your store).
Ya obviously right. Unless your coin became famous. You can't use that altcoin for transactions.Like dimcoin, only some of altcoin became famous. Since altcoin is used for transactions. Like bitcoin coin, you can use dimcoin for transaction.