So many alt coins are created and I don't understand why Bitcoin forum is accepting them here in announcements and discussions.
If I decided to create an alt , my only thought would be to get as much BTC than I can from who ever person and then sell my BTC into FIAT to buy whatever I want that I cannot pay in BTC
(and this is 99,99 % of all merchants in the world )
My thought ( could be wrong ) is each time an alt is created and then traded : you need BTC to buy it ( BTC which you have bought with FIAT ) then the creators and miners are selling them for BTC and immediately exchanging them in FIAT which is obvious ...
So alt are really polluting the BTC ecosystem !!
So alt coins are not in the interest of BITCOIN ecosystem at all and if you think they are in the real interest of the bitcoin ecosytem explain me why.
There are a couple good ones - made by good people who have a vested interest in Crypto. Some have made changes that are viewed as improvements upon Bitcoin.
Litecoin is more numerous, and faster.
Dogecoin is easily accessible.
I only like a couple because you are right about one thing: lots of crypocurrencies are dull, unimaginitive, pump-and-dump schemes. That doesn't mean altcoins are bad for us as a whole. It just weeds out the stupids...
