Re: Would There Be Enough Room in the Future for all these Digital Currencies?
The world of cryptocurrencies truly fascinates me. How can it not? Ive never seen so many people this excited about the concept of virtual currency before. Even the dialogues in this forum are very dynamic and of course, informative (I might have picked a few tips here and there 
). I know these coins have proven to be very good investments and Ive read so many success stories already about people making a huge profit out of this.
But would there be enough space for all these ICOs and coins to co-exist? Do we need this many coins? Or are you foreseeing a future where we will be using only one virtual currency?
). I know these coins have proven to be very good investments and Ive read so many success stories already about people making a huge profit out of this.But would there be enough space for all these ICOs and coins to co-exist? Do we need this many coins? Or are you foreseeing a future where we will be using only one virtual currency?
There certainly will not be enough room for all of them, yes we need altcoins but we really do not need this much altcoins and that is the truth. A lot of them are going to die out along the way. There will be instances of creators leaving their coins, people moving on from coins because they are useless so a bunch of them will just die out really.