People see this as a good thing that there are different cryptos popping everyday, as this means "acceptance". What I believe is that it is getting people confused! Moreover, this fuels to bitcoin negative propaganda as any sort of scam carried out by them leads to bashing of bitcoin.People don't really understand the difference. What are your thoughts?
New cryptos popping up every day is only a good thing if they are good cryptos. If they are crap or are scams then it only harms the reputation of the good cryptocurrencies. As of yet people aren't educated enough in the benefits of cryptocurrencies to tell the two apart. In future the situation will be different, similarly to how people don't say that the Internet is bad because people get phished, they say those people are foolish and should've taken better care.