Let's say Bitcoin gains a significant level of adoption and the price stabilizes and plateaus for an extended time.
From an investment perspective, it makes MUCH more sense for a very wealthy investor to start a new crypto, mine a ton of it, and market the hell out of it. Is it not only a matter of time before we see this happen?
its harder to make money by issuing a new generic crypto unless it has new features unique to it to draw in money