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The word "altcoin" is wrong used.
@jimmysong is using it just because he wants to play nice with those people...

Alternative means something that have similar properties/functions and can be used for the same purpose as the original.

These so called alts are nothing close to be an alternative to Bitcoin.
Why?
Because:

  • they do not have same properties
  • they do not have same power and security
  • they do not serve the same purpose

In other words are just shitcoins.
https://imgprxy.stacker.news/98ZYIhxxnMbvY-y8s86ffN2ExEWN_7PM6cqtxjA4cVc/rs:fit:600:500:0/g:no/aHR0cHM6Ly9pLnBvc3RpbWcuY2MvRDB3UzZzcGIvU2hpdF9Db2luX0Zyb250X2FuZF9CYWNrLmpwZw

https://darthcoin.substack.com/p/bitcoin-no-crypto

This sounds better. Bitcoin is the peoples money. Developed by the people, controlled by the to serve the people.

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