
So , why we need those alt currencies in a economical/performance view?
Competition makes things better for the consumer.
The byproduct of all these altcoins competing for marketshare ensures continued innovation and invention which was stalled when Satoshi abandoned his Bitcoin project and disappeared into thin air with over 1 millions coins.
And or course without altcoins we wouldn't have videos like this:
https://www.youtube.com/watch?v=mA64WczpA88
