If you could, would you delete every altcoin?

[BlackHatCoiner]

I would. Why so many cryptocurrencies should exist? Only one, and all of us would want the same coin.

Like in the real world, we have yens, euros, dollars. Imagine having only 1 currency 

Wouldn't it be great?

[xhomerx10]

I would. Why so many cryptocurrencies should exist? Only one, and all of us would want the same coin.

Like in the real world, we have yens, euros, dollars. Imagine having only 1 currency 

Wouldn't it be great?

 Imagine the control the issuer of that one lone currency could exercise over the entire population of earth.  Insert maniacal laughter.

[Charles-Tim]

For this to happen, we need only one government and this is not possible.

[20kevin20]

Although +95% of the existing cryptocurrencies are shitcoins and scams, I would not wipe them off (in the current condition) the internet. This is the beauty of decentralization: you can create whatever you like and as long as you have supporters, your project will stay alive.

If there was a way I could magically find out with 100% accuracy which project certainly is a scam and which isn't, I would wipe them off ONLY if they are assigned to the respective category.

But if there was a way someone could delete them (CoinMarketCap could have a large influence), I guess that would also be the beginning of the respective entity's willingness to gain more power & control. And as decentralization should be exactly the opposite, it leads to a crappy ending.

So no, unless I had some crystal ball to tell me which one is a shitcoin so I could wipe it off this Universe, I wouldn't do it.

[Mulann2]

Even if I could,  I wouldn't because btc alone can not perform all functions that crypto should perform so doing this would hault the opportunity of a potential alts to be created, some alts deserve to be around because they have a good idea and have something to give even they are yet to deliver, but majority of alts needs to be wiped from existence. They are practical nuisance.

[Bitcoinislife09]

I would. Why so many cryptocurrencies should exist? Only one, and all of us would want the same coin.

Like in the real world, we have yens, euros, dollars. Imagine having only 1 currency 

Wouldn't it be great?

Maybe it will going to benefit the bitcoin if altcoins is going to be wipe out, since the demand of the community is just going to a one currency which is the bitcoin. Having 1 currency in the world would not be possible because we have different government  in different countries and every countries are different from the other, even when it comes to the quality of products. But maybe when it comes to digital currency one currency is going to work like bitcoin even now we know that bitcoin is the digital currency that most countries recognize.

[Harlot]

I would. Why so many cryptocurrencies should exist? Only one, and all of us would want the same coin.

NO, contrary to popular belief I do think that Bitcoin and every cryptocurrency/token in the crypto market  have a symbiotic relationship with all of them. Even though we have these thing called "market share" where Bitcoin is now sharing with other top altcoins I can say without these altcoins in existence Bitcoin would never reach its success on where it is now. Just think about Bitcoin being the one and only cryptocurrency and no one dared to even share or re-create the same idea on their own vision that means a new kind of payment system in the digital world has no demand and has no future. With the emergence of Litecoin and Ethereum it had shared the early success of Bitcoin being the pioneer in the market.

[bL4nkcode]

I would.

Feel free to send us those alts you had if you don't want them

Why so many cryptocurrencies should exist? Only one, and all of us would want the same coin.

There are some features that bitcoin doesn't have and others do, and that's what it makes them unique besides the community keep supporting them till now.

[RememberGod]

Altcoin is very broad definition of any coin that is not a bitcoin. Thus, there are many coins that serve completely different purposes.

But even if you referred only to cryptocurrency altcoins, still they shouldn't be deleted. This is a free market, and that's the beauty of it. If a coin worth something it exists, if not - disappears with time.

Apart from that, different coins may have different jurisdictions, for example we see that some governments don't like privacy coins.

[Quidat]

I would. Why so many cryptocurrencies should exist? Only one, and all of us would want the same coin.

Like in the real world, we have yens, euros, dollars. Imagine having only 1 currency 

Wouldn't it be great?

For fiat? Its impossible to have that single currency yet we know that each country wont definitely let that thing to happen.

For crypto? 2-5 is enough and come to think that most of them are using the same platforms which do flooded out the market and answering the question if
i would like to delete every altcoin? yes it would be much preferred but excluding to those who do have actual usage because its impossible that there
would be no other project that will patch or does have more better feature.

[ChiBitCTy]

What would be the point of deleting every altcoin?  Think about some of the altcoins out there.  Think about how they compare to bitcoin.  First off, not all altcoins are the same thing as bitcoin.  What I mean by saying that is many different altcoins have  exact layouts of what bitcoin does.  The blockchain is open source, so you can simply copy the blockchain.  Those coins are useless and offer nothing different.  However there are some altcoins or shitcoins out there that offer something different.  Ethereum for one is not trying to be bitcoin.  It uses smart contracts and a layered blockchain that is trying to solve other issues..not the ones bitcoins are.  Andreas Antonopoulos is famous for saying he views cyrptoucurrency like langauages, it's crazy to think only one would exist.

[Twinkledoe]

I would.

Feel free to send us those alts you had if you don't want them

Why so many cryptocurrencies should exist? Only one, and all of us would want the same coin.

There are some features that bitcoin doesn't have and others do, and that's what it makes them unique besides the community keep supporting them till now.

This is the reason why a lot of alts are trying to create a possible alternative for bitcoin. With some shortcomings of bitcoin, other alts can address those features. So if for example, you are worried about your privacy, you will go to Monero, and in terms of transactions fees from one exchange to another, a lot are using doge. So it really depends on what you need for a particular situation and you will take advantage of the features of other alts so for me, quality alts should stay. Only those crap ones that are merely for the benefit of the dev should be discarded here.

[Oasisman]

I would. Why so many cryptocurrencies should exist? Only one, and all of us would want the same coin.

Like in the real world, we have yens, euros, dollars. Imagine having only 1 currency 

Wouldn't it be great?

Nah, It isn't great though. In order for the world to follow one currency, that needs to run with only 1 government in general. I don't think people would consider following the set of rules from a person from another country, since we all have different culture, national asset and treasury, and other matters that makes a specific country unique.

While Bitcoin on the other hand needs to make improvements like the transaction speed and the never ending concern about high transaction fees. So, people needs to create an alternative to minimize the fees and maximize the transaction speed all at the same time, and that's how alternative coins were created.

[eaLiTy]

I would. Why so many cryptocurrencies should exist? Only one, and all of us would want the same coin.
Like in the real world, we have yens, euros, dollars. Imagine having only 1 currency 
Wouldn't it be great?

When Satoshi came up with the idea of BTCitcoin i am sure he did not anticipate thousand of shit coins popping up, if there is only one coin in the market then it would be really great, but as mentioned above if there is an innovation people will come up with up with other ideas and that would help the market in the bigger picture, the only thing i used to wonder is that what happens if Satoshi stayed longer, what would be his scaling solution and whether we will see these kind of shit shows in the crypto space.

[Rengga Jati]

NO, I wouldn't do it. I'm not sure Bitcoin can be stronger as now if we haven't those altcoins.
Do you think altcoins haven't an important role in crypto space? It has, altcoins make more parties have the responsibility to keep crypto space.
I can't imagine if there are no altcoins, how can Bitcoin survive alone with too many bad issues and bans from governments around the world.
I am not trying to say Bitcoin cannot survive without altcoins, but altcoins has positive impacts on the existence of Bitcoin.

[KrisAlex18]

No, if I could, I wouldn't because if we are going to delete many altcoins the bitcoin may suffer as well even though bitcoin is the most valuable cryptocurrency compared to all it cannot function all of what other cryptocurrency can do, even though there are many shit coins or scam coins in the virtual world I think it is not still enough reason to delete those things because as a technology user we should know which coins are scam and not, alieve that all altcoins has it's own purpose in the crypto world.

For this to happen, we need only one government and this is not possible.

Yes, it wouldn't happen because as we all know cryptocurrency is decentralized and no government association is responsible for it.

[Wexnident]

No. All scam coins maybe, but sht coins? Nah. It's like how gold only shines if there's bronze or something you know? A genius shines if there are people below average around him. We all realize and value BTC because we all know how it is above in overall quality because of the existence of comparison towards other coins. It isn't even a matter of having a centralized notion that manages cryptos, it's all about a natural flow of nature or something similar. Besides, the existence of other cryptos besides the first one is a compliment instead. It gives us the idea that cryptocurrency is actually a good concept, hence the reason for most coins existence out there, they want to jump in the bandwagon called cryptocurrency because they know it's good.

[xhomerx10]

For this to happen, we need only one government and this is not possible.

 I'm not convinced.  Your homework is to explain the multi-country European Union's single currency in 1000 words or less.

[BlackFor3st]

I would. Why so many cryptocurrencies should exist? Only one, and all of us would want the same coin.

Like in the real world, we have yens, euros, dollars. Imagine having only 1 currency 

Wouldn't it be great?

There will be no competition if it will happen, what is good right now is that we have plenty of option on what to invest in case the other currency that we invested are not good anymore. And if there is only one currency for example only bitcoin will exist as we have deleted the other currency then we can only expect an increase and there is no decrease of bitcoin price as the demand is only pointed to bitcoin.

But in the other hand, you have a point but I am not sure if it is possible knowing that every country likes to have their own currency in which they would have a control of it that is why we have plenty of fiat.

[Kemarit]

I would. Why so many cryptocurrencies should exist? Only one, and all of us would want the same coin.

Cryptocurrencies also evolved, maybe majority are into Bitcoin, but cryptocurrency has some many facets, so altcoin was born. Like Ethereum or XRP, which become popular as well for enterprise solutions.

Like in the real world, we have yens, euros, dollars. Imagine having only 1 currency 

Wouldn't it be great?

Those currencies you mentioned is controlled, cryptocurrency or at least Bitcoin is decentralised.