RE: An Argument Against Bitcoin Maximalism and For Support of Altcoins and Alternative Blockchain Projects.
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Bitcoin can't do everything crypto could do and most coins are fairly limited. I like HIVE as it is fairly versatile and I can do various things with it every day. Staring at prices and charts is not my thing. HIVE, via ST--M is my main crypto by far. I just wonder how many of the hundreds (thousands?) of coins have much future.
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I think we're going to see A LOT of failures. Just look at all the stagnant coins from 2017 and the already failed ICOs. I really question a lot of what's happening in the DeFi markets too.
One of the first things I look at when analyzing or speculating on new coins is usecase and community. Does it have usecase and are people using it? If the answer to both those questions are yes, I'm intrigued.
Without usecase or community; alts are nothing more than instruments of speculation. Most coins are, but I think usecase will play a huge roll in the longevity of a project.
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