Quote from: felicita on February 10, 2019, 12:19:53 PM

hehe i really love the selfmade shit meme Grin

For me all altcoins are unless since Bitcoin brings all what we need like this reasons :
- Exclusion of third parties
- Money(COINS) without debt money creation
- People without a bank account can participate in the monetary system
- Worldwide transactions ( with speed ) and lightning network
- Protection against excessive money creation (21 million BTC)
- Bitcoin brings a discourse about the monetary system with it

so no need for alts....

regards

I completely agree with you except the idea that we don't need alts at all. I believe that we also need alts as much as we need Bitcoin. Because to have a kingdom where Bitcoin is the king, it needs soldiers to face the front-line in the battlefield where many of them (alts) die (sadly).
It's a meme-ish comment, lol, but makes sense, doesn't it?

Bitcoin needs competition and some support in this early stage to maximize overall crypto market capitalization, to increase transaction and fluidity. If you think about fiat that we use to buy all other products or do business with, you can also consider Bitcoin like a fiat of the crypto market where it is used to buy other products, which are Alts in this case. These Alts are in fact helping Bitcoin by not only making it a gold standard but also increasing its acceptance, trust and usage in the market, at least to some extent. However, this system and influence of Alts also have certain major negative impacts on crypto and Bitcoin.

In an ideal crypto world where most people use crypto in daily life like we use fiat now, other Alts are unnecessary, but we have not reached there yet.