20 sats \ 1 reply \ @birdeye21 12 Aug 2023 \ on: Drivechains Won't Eradicate Altcoins bitcoin
I don’t think anything necessarily will “kill” altcoins.
They’ll simply fade into irrelevance over time as their failure to keep up with BTC will become too costly for bagholders to stomach
Yeah, I am beginning to come around to the idea that there will always be altcoins just like there will always be many types of scams and copycats. Really the only fix is education so... that's why I've come around to this perspective. People are lazy until they are forced to not be lazy. They have to learn lessons the hard way. They will, but there will be new people that will not listen. So if there is a market for scams there will always be scams. Hopefully it trends downward over time.
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