Ok ok, I know the headline is a little severe. But the points i am trying to put across here are valid in my opinion.
No matter what stage we came into crypto, whether last week, last month, 1 year ago, 8 years ago. The amount of coins that are on the market now is absolutely incredible. I mean do we really need a coin for EVERY single mortal thing on Planet Earth?
Dentacoin! Boats & Bitches coin! Christ, i even seen WANKcoin campaign on here the other day!
Can you imagine going into the bank (IF THEY STILL EXIST!
) in the future..."OK Mr Smith, how would you like to pay your phone bill today?" - "Erm, i'll pay from my WANKCOIN wallet if you don't mind!"
Don't get me wrong here, i LOVE nothing more than a good laugh! But seriously, some of these coins (and i'm not particularly referring to the above mentioned coins here incase you hold them!) are a complete and utter joke and yet people still put their hard earned money into them and cry about it when it all goes belly up!
The point i am trying to make here is this: If crypto is to be universally adopted, so we all fulfill our fantasy of it going mainstream, do we really need Boats and Bitches coin, WANKcoin et al?
Do we REALLY need all these different coins that do all these different things? I just cant see non-crypto people buying into crypto if it remains as it is. As a good portion of them aren't worth a squirt of piss....which reminds me, is there such a thing as PISScoin yet?
I'd love to know your thoughts on this? Thanks for reading this far...