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?
Right now we are still in the early days of cryptocurrencies, so a lot of experimentation is going on that is why we have so many coins but at some point in the future people are going to realize that it's impossible to have so many coins and I predict that at least 90% of the coins that we have today are going to completely disappear, however I do not think that we're going to have a future with only one cryptocurrency because there are other cryptocurrencies that are useful and do stuff that bitcoin cannot do.). 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?