Hi, I am new to all this, but help me understand this. If there is a crypto coin that is very useful and has functional value, not just speculative, say it becomes very expensive. What is to stop someone from just creating their own coin that is the almost identical to it, and using it instead, so high prices are not paid for the other coin? How can all these coins maintain high values, when people can just create as many new coins as they want?
I got your motive and thoughts which i do really agreed on that one but this thing cant really be stop as long theres a greedy developer or owner would mind to create his own coin he wont mind if it would be the same idea as others as long he do launch it make easy money when they do accumulate investors on it. Knowing creating new coin would really be profitable on developers side.