The era of blockchain has given many people to make their own currency with different visions from the Artificial intelligence, personal data, finance etc. as we know the traditional currency is very influential in society & supports economic activity around a worldwide. wel, if everyone has their own currency doesnt this is will make everyone no longer motivated to work and will be to waste more time in front of computer. so, what do you think?
Rest assured this would never happen. All the altcoins coming up are not currencies they are merely stocks just financed in a form of cryptocurrency. None of them will be used as a mainstream cryptocurrency and none of them will get anywhere near bitcoin. We here are struggling to even recognize bitcoin as a universal currency and you are commending different currencies for everyone. There is zero chance that such a thing would occur. The teams themselves are not doing any transactions in their tokens.
Bitcoin will soon be recognized legally a universal currency and a mode of investment as well. But we have to admit this fact that bitcoin is at the moment used as international currency but in certain countries is not just officially recognized. The way users of bitcoin are increasing and platforms regarding exchanges of crypto currencies are getting common.