[2016-03-23]Are Any Altcoins Currenty Useful? No, Says Monero Developer Riccardo

To many people in the Bitcoin community, altcoins are considered nothing more than scams. Part of the reason is that altcoin developers and promoters are often found telling people to purchase an altcoin for their own financial benefit; however, this is not the case for Monero developer Riccardo Spagni .

Spagni holds a relatively pragmatic view on altcoins. The Monero developer has told individuals with limited funds to not buy the altcoin. In fact, he has stated , "The most likely scenario is that Monero fails entirely."

To many, Spagni's unique take on the altcoin market, especially as a developer in the space, is quite refreshing. In a recent interview with Bitcoin Magazine , Spagni expanded on his views related to Monero and altcoins in general.

Read more: http://www.nasdaq.com/article/are-any-altcoins-currenty-useful-no-says-monero-developer-riccardo-spagni-cm596862#ixzz43k6V4LyJ

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