Yep.  And out of those, I would describe the vast majority of them as "solutions looking for a problem".  No one actually needs those coins for anything, other than gambling with.  They don't have any real purpose.  They don't have any network effects or anything resembling a userbase.  You can't spend them on goods and services because there's no merchant acceptance.  They're just speculative playthings.  If people want to gamble on them, that's their prerogative.  But I wouldn't ascribe value to them.



Yes.  Things that have real-world utility and actually serve a purpose are often considered worthwhile inventions.  But this topic is about speculative playthings with no utility, no purpose.  Ergo, no value.


Incidentally, you did ask us what we think, so you have to accept that not everyone is going to be as excited about this stuff as you seem to be.  I'm not here to bolster anyone's confirmation bias.  I just call it like I see it.