why wouldn't a new investor buy scZC on a fiat exchange? why wouldn't a miner want to not only mine tx fees for scBTC as well as mine scZC block rewards + scZC tx fees?
don't say there is no one "using" scZC. Bitcoin's price started out at $0 when no one was "using" it. look what happened to it.
A second problem is that such altchains, like Bitcoin, typically have their own native
cryptocurrency, or altcoin, with a floating price. To access the altchain, users must use a market to
obtain this currency, exposing them to the high risk and volatility associated with new currencies.
Further, the requirement to independently solve the problems of initial distribution and valuation,
while at the same time contending with adverse network effects and a crowded market, discourages
technical innovation while at the same time encouraging market games. This is dangerous not only
100 to those directly participating in these systems, but also to the cryptocurrency industry as a whole.
If the field is seen as too risky by the public, adoption may be hampered, or cryptocurrencies might
be deserted entirely (voluntarily or legislatively)
By creating a sidecoin booted on top of a sidechain you basically reintroduce this problem.
Do you see why when the option exist to enable different features BUT with a risk-averse 2wp, then automatically the market will congregate toward that option and ignore any similar attempt using sidecoins?
Unless of course you want to speculate on pump and dump shitcoins. That's not gonna stop some people from doing that but sidechains do not introduce that problem