I reason too with what he has said because I really do not see the reason why people should just be creating coins as they like because they want to just make an impact in the market or just to have a name that they have a coin also.

The actually thing that many of these projects ought to have done is they really meant well in the cryptocurrency market is just to add bitcoin to their project, it would still mean the same thing and they will still achieve the same thing, if that had been the case, I am sure that by now, bitcoin would have never experienced black market again, and I am sure that even the government would have already done regulation that would make bitcoin to generally be accepted as global currency it was created for.