Quote from: TravelsAsia on March 22, 2024, 12:33:27 AM

Quote from: Best-mary on March 17, 2024, 03:06:00 PM

I wrote a post yesterday about meme coins doing better than Alt. There was a pretty good argument that memes are also altcoins.

Then again, these comments made me start thinking. Are Altcoins really memecoins and why did you think so?

'Alt' was a way to capture everything that's not Bitcoin into 1 cesspool. Not much discussion needed:

Not your keys = not your Bitcoin
Not Bitcoin = alt

Easy.

perhaps you're very correct, just the way every industry has there own terminologies for communication so we have here in the bitcoin community hence altcoin is a word coined to describe coins that exist in the space that are not bitcoin. Altcoin is absolutely any coin/ token that is not believing but has same type of attribute that bitcoin possesses, which is equally being a digital money.

Memecoins too are altcoins because they aren't bitcoin.