Why do we need Alt-Coins? Are all Alt-Coins Shit-Coins? 💩
₿itcoin Maximalists: Nothing but ₿itcoin is needed and all Alt-Coins will go extinct! 💀
Crypto Bros: ₿itcoin will go extinct, ****-Coin will take the lead! Just you wait! 💀
Me: What if they are both wrong? 🤔
₿itcoin will always be the big dog on the block, but as a store of value. It simply can't corner the market as a fast payment system to compete with something like VISA, nor can it handle smart contracts, etc.
Alt-Coins will be needed for Faster Transactions, Payment Systems, Smart Contracts, Inventory Cataloging, etc, etc.
Shit-Coins are the coins created by scammers and crooked exchanges to sucker people out of their money. They are always centralized, created out of thin air, bring nothing to the table, provide no innovation and the developer(s) always seems to award themselves a large portion, trades/sells them to other Shit-Coin developers/exchanges to make it seem like their coin is popular; therefore being traded at an accelerated rate. FTX's FFT token is a great example of a Shit-Coin. 💩
Thinking that everything but ₿itcoin will cease to be is ridiculous. Likewise thinking that ****-Coin will dethrone ₿itcoin is also ridiculous. For the simple reason that there is nothing like ₿itcoin. Anything in the top 10 or 20 cryptos is probably a safe bet that it will stay around, but do your homework before dropping $ on any crypto, including ₿itcoin. 😉
I cannot think of a single innovative product that does not have competitors or similar products that do almost the same thing but a bit cheaper, faster and/or in a different way: Cars, Computers, Phones, Social Media Sites, Energy Drinks, Coffee, Guns, etc., etc.
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Bitcoin (BTC):
bc1q63xshh2c2u4tvc6jksl5crlhtp554qu0l4nn8j
Bitcoin Cash (BCH):
qqms8t79e6rk5z5djad360d38y9kkqnh7yfpxkkuy5
Bitcoin SV (BSV):
1F6oH8qkMjswViJSwq965gRivE3DqKuJKC
Litecoin (LTC):
LgxrUdjUxnmFGLtsAbh76C3aAm3dXAGDFV
Dogecoin (DOGE):
DGn5bkC9WM1E2oM79HWiYoVxE3rHuEGkoS
Ethereum Classic (ETC):
0xC03AEe5333D50a20810e1A7585D9BB3f77E0B773
Ethereum (ETH):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Shiba Inu (SHIB):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Chainlink (LINK):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Polygon (MATIC):
0x27d5493Ac22D56B68cF36F5f77594BDC8e6FAc5E
Ripple (XRP):
rwvGofsMZQMyqro9YPe7swpo6C6Kagpg2e
VeChain (VET):
0x6410f2e05fEF8169bd1A6935884B9D4D56D9017b
Original Video by Crypto Viewing: https://www.youtube.com/watch?v=AK5hgAm2cXc
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