I know that there are many kinds of alternative coins existing today, but is it better to have that many coins instead of having just a few? What are the benefits and harm in having that many alternative coins?
In my own suggestions, it is better to have many altcoins so that people have the choices of where they can invest their funds and guarantee that they can gain profits from those altcoin/s where they invested. It is also better to have many of it so that there will be other unique projects that will exist that focus on other social aspects unlike those already existing.