Topic: Altcoins should focus more on technology - page 3. (Read 433 times)
It still doesn't take away the fact that they are still cryptocurrencies and will still be in the control of bitcoin. So far we have learnt the bitcoin is the king and rules over all other coins and their successes are determined by bitcoin's existence. The crypto space is already built on blockchain technology I wonder what other technology different from the existing one that will be built.
Altcoins are trying to focus on the technological aspects of the economy but what's ruining them is their business sense! Since last 2-3 years, we have seen thousands of ICO projects flooding the market with equal numbers of tokens and a promise to solve equal numbers of problems that doesn't even exist in the market.
The altcoin creators need to underatand that people are not willing to have thousands of different coins for thousands of different activities. Only one coin can solve many practical problems and a range of foreseeable issues in technological aspect of the economy.
Bitcoin and few other altcoins like Eth, Eos, Dash or Litecoin is enough for the masses. We certainly don't need separate coins for paying a restaurant bill and buying movie tickets. One comprehensive ecosystem is more than enough!
The altcoin creators need to underatand that people are not willing to have thousands of different coins for thousands of different activities. Only one coin can solve many practical problems and a range of foreseeable issues in technological aspect of the economy.
Bitcoin and few other altcoins like Eth, Eos, Dash or Litecoin is enough for the masses. We certainly don't need separate coins for paying a restaurant bill and buying movie tickets. One comprehensive ecosystem is more than enough!
i think altcoins should focus more on technology sector of the economy, with this they will attract more investors and users
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