Quote from: nyuka on July 25, 2014, 08:41:24 PM

Bitcoins (highly secure but slower) = for high end and mid priced items like houses and cars

Litecoins (less secure but faster) = for lower priced items like computers and GPUs

Peercoins (no ending supply like fiat currencies) = for everyday use like buying coffee and snacks

Namecoins (for domains) = they're outside of ICANN control and thus avoid domain censorship

Primecoins (for science) = searches for prime numbers

Dogecoins (doge style) = for donations and sponsorships

Again, any of those cryptocurrencies can be used for anything.

We only need bitcoin which can purchase all the other things without a problem. The rest are irrelevant and will fade away without much merchant adoption which is what bitcoin has over all those others.