I think with LTC and other older coins potentially adopting segwit FTC is in a great position. BTC miners aren't going to switch, the high fees are too profitable and I don't see them wanting to risk messing around with a more complicated code. Their refusal will force us to wait until solutions to scaling and such happen without hard forks. But solutions will come, and one day they'll be running the same BTC core with DAOs and millions of transactions per second. Today BTC isn't being used for commerce anyways, its being used for investment and international transfers- neither of which require a faster network.
Looking 10 years from now. BTC is worth a ton and scalability is solved without hard forks. No one remembers segwit, unlimited or whatever else except that certain older coins adopted them and permanently changed. Whereas FTC not taking any of these hard forks can remain using a simpler code, and then adopt bitcoin's non-fork solutions when they come. Which coin will you want at that point? FTC which stuck to bitcoin's simpler method, or the old coins that adopted betamax?
Im on the fence here. I think SegWit has its advantages and Im actually glad Litecoin has adopted it - even if only for the reason of going down a different path than Bitcoin. I used to be a hard believer that there would only be ONE crypto and all others would fail however I now am on the boat of thinking many side-by-side will be the future. In our current world we have many ways to exchange money, cash (in hundreds of currencies of which each has its own different denominations), check, bankers check, money orders, wire transfers, credit cards (Visa, Mastercard, etc), etc. I see the same happening for crypto. Some will be used for smaller purchases, some for major, some for investment, play, who knows...
With LTC going a different route (I doubt Bitcoin will ever adopt SegWit unless Litecoin proves its value), that opens the door for Litecoin to be used in places Bitcoin cant be. Same goes for Feathercoin and NeoScrypt (being ASIC resistant, today). Its kinda like Linux... there are hundreds of different distros out there, all of which can do the same basic functions but most are tailored to something specific - crypto will be the same way.
I only have interests in a handful of coins, Feathercoin is one of them, and Im here for the long haul - whatever direction (up/down) that may be.
I went the same way. At one point figured there would be 1 and only 1 eventually, but now, no way. I think there will be a lot of different currencies for sure, and like you say fulfilling different roles....But ultimately I think its all going to come down to age of the ledger. When was it started, has it been well maintained since? That will be the ultimate measure of trust decades from now. To that end, the NeoScrypt upgrade helps greatly toward ledger maintenance by ensuring a unique offering to miners. LTC's SegWit upgrade could attract more devs, which is a great thing, but its not really about ledger maintenance. If anything, it adds risk that something could go off the rails and disrupt the most important thing LTC has (an old trustworthy ledger).
But hey I still happily have some of both coins, old coins are #1 for me... How many times can they re-release "anonymous" and "smart contracts"? If the function is the same, who cares that you've invented a new way to do it.....sorry tangent rant.