This begs the question, what if we had only Bitcoin? Wouldn't the level of adoption outgrow what it currently is at the moment?
Do you think that altcoin is a major distraction to bitcoins adoption?
With my own observations, I don't like that altcoins are the major distraction for Bitcoin adoption. In fact, I see altcoins as the even major reason why Bitcoin adoption is growing. It is through the awareness of these altcoin projects that a lot of people even get to know more about Bitcoin. Some set of people are just hearing about Bitcoin over a long period of time, but they never take the time to do further research. But through this awareness of altcoins, some people further their research and discover that Bitcoin is the best coin that really deserves to be invested in. And that is how many diverted their investments to Bitcoin."