That’s all very good and well. But the only alt coins that have shown any value to date so far are stable coins. And even they are quite dubious. Tether and Dai have shown us that current stable coins are not stable. They had one job....
Until we have at least one alt coin which has achieved something, I’m afraid your argument has no practical application, and is of theoretical interest only.
They relieved the unwary of their bitcoins and sent them to the likes of eduffield, fluffypony, coblee, bytemaster and the other worthy gentlemen.
They achieved that much.
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