Over 850 millions of people use alipay as means of payment mostly in china and i heard lots about wepay as well, i come to think of it that what if bitcoin was been used in their places instead? if alipay and wepay can get to where they are today then altcoins have all the chances of survival as well. Wepay and Alipay are just online payment solution, crypto can do better.
Real use cases plus real life working products, let these two be your main focus when picking altcoins to invest your money on, do not listen to those saying 'dump altcoins for bitcoin' when you are holding solid altcoins
Agreed, I believe that Bitcoin is the founding father coin. I think projects like Ethereum and consensus algorithms like Delegated Proof of Stake are whats needed, leading us into the right direction. To think we started with just Proof of Work. Many people don't have faith within the altcoin markets because a lot of the coins are alternative clones with little to no new innovation added. Many are indeed shitcoins, but there are some real sleeper projects out there that are game changing. It's the emergence of competition that drives innovation, every coin/token plays its role as a tiny cog apart of a larger mechanism.