have to add: one needs to make a distinction between a crypto
currency (higher inflation for circulation in business) and a crypto
commodity (lower inflation for value storage with less volume in the markets and less circulation). These are two different valid money-animals in their own right. Apart from that these other (ico)toycoins and tokens shouldn't be looked at as real currency or commmodity because most will be gone in a few weeks and nobody can remember them.
Bitcoin isn't a currency; it's a commodity btw.
The community really needs to discuss what makes a coin a valid money and what properties and requirements and also priorities
money has. This crypto-thing is about value store and medium of exchange; it's
not about "innovation going nowhere", "adding more features", "good marketing and roadmap" and "littering the landscape with abandoned projects"
Please make crypto great already! No more ponzi-presale-scams! Fuck overrating of innovation - it's broken 'innovation' in 99,99% of cases (aka 'no innovation at all')
Ultimately a simple, resilient, viable and fair coin is to prefer to a complex, hyped, new and broken coin for the longterm investors. People need to use the brain more.
This is software based on math that needs to be secure and new tech needs vetting and auditing - and a lot of that,this is not dishwashers or radios where more features are always better and simple to roll out.
edit: don't see a problem with margin-exchange. It just adds a little more volatility but won't affect the overall valuation of the coin. It's just more noise, no issue with that.
edit2: governance is only possible through consensus - in the literal sense of the word, not only machine-consensus; a majority vote is not that. Projects governed by 50%+1 majority votes will 100% fail in the long run. Yes, 100%.
The only way of governance is by consensus or 90% majority-votes. Why it is this way is a topic for a large article about history of mankind and money and dynamics in power aswell as observations in politics.
It's not as easy as people think. People aren't aware of the pitfalls of majority votes. They will have to fail for 10 or 20 years in these coins before understanding what some know already. Such is life