ᴅᴏ ʏᴏᴜ ᴛʜɪɴᴋ ᴀʟᴛᴄᴏɪɴꜱ ʜᴇʟᴘ ᴛᴏ ᴋᴇᴇᴘ ʙᴛᴄ ᴅᴇᴠᴇʟᴏᴘᴇʀꜱ ᴏɴ ᴛʜᴇ ʀɪɢʜᴛ ᴘᴏᴡ 21ᴍ ᴄᴀᴘ ᴘᴀᴛʜ? ᴏʀ ᴀʀᴇ ᴛʜᴇʏ ᴍᴇʀᴇʟʏ ᴋᴇᴇᴘɪɴɢ ᴜꜱ ꜰʀᴏᴍ ᴛʀᴜᴇ ꜱᴛʀᴇɴɢᴛʜ ɪɴ ɴᴜᴍʙᴇʀꜱ?
1 𝖘𝖆𝖙 = 𝕽𝖎𝖌𝖍𝖙 𝕻𝖆𝖙𝖍 2 𝖘𝖆𝖙𝖘 = 𝕯𝖎𝖛𝖎𝖉𝖊 & 𝕮𝖔𝖓𝖖𝖚𝖊𝖗
Altcoins provide an outlet for high time preference people. If they didn't exist we'd have even more in-fighting.
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Sh$tcoins act as a test net for BTC
Devs might have different ambitions. Some might like to experiment more. Some might want to make their own block chain from scratch as an ego thing.
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I think short term it holds bitcoin back from the capital that should be stored in the network, but it more so rewards those who can see through the fog and it shows who is honest and who is here for a cash grab
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Thanks for the opinions and Sats! This is my maiden post on SN, and I just figured out tipping and sent you each back a SatOfGratitude.