Altcoins have made people rich. This means people who missed to invest good on bitcoin preferred altcoins. People who had chosen the right altcoins have benefitted good out of it. Altcoins have served as the best investment and as a good competence asset. If there were no altcoins the market wouldn't have flourished to this level.
I dare to say that the good altcoins with and actual purpose and use are infinitely outnumbered by garbage and one can not deny it.
the way I see it, the even though the vast majority of shitcoins do not have a significant volume or market capitalization (in comparison to Bitcoin or top alts) still all of them together subtract dominance from Bitcoin, which I do not like much.
Each of us is free to invest wherever we want and we are free to fork a chain and stick a doge picture on it, but it is different when the volume and liquidity which could be used by Bitcoin or top alts ends up being rug pulled.
