Every initiative to elaborate the cryptocoin ecosystem is to be cheered.
I don't agree, a lot of them are scams and create a negative image on cryptos. Once people get taken for a ride some of them may never return and tell there mates about the bad experience they had.
"Just stick to bitcoin"
If you mean "Just stick to the Bitcoin blockchain" that is not an option. Bitcoin is designed to allow multiple blockchains. The litecoin develpers understood that and discovered the parameters. You will not be able to stop that by telling people what to do. So live with it. Be comfortable with the idea that the market will decide and make your own good decisions.
Even if a countrycoin would be 100% premine, owned by a single developer it obeys the rule that he cannot print more of them. If he convinces his fellow countrymen to accept the coin, he will have less and they will have more. It is as simple as that. If you envie him then make your own coin and try to make it better. If you convince me I will buy it ! And that will my descision.
Scotcoin is proof 100% premine doesn't work. It has no volume. Unless you bringing out serious innovation that would require a lot of investment it won't work. When you have a premine everyone expects the holders of the premine to do the work.
I see no proof that Scotcoin couldn't work. If you say "everyone expects" then you suggest to be talking on everyones behalf. I suppose it is you that expects that "everyone expects" that the initators will do all the work. Maybe you are close to the truth there in Scotland for the time being, but the fact they just missed the 50% votecount does not mean they cannot build a community around a crypto-coin.
People need to be educated !!
What I see here is a foundation that has no intention to keep a penny of their premine.
How do you know that? A foundation is just a pretty name for a centralized entity (like a bank) , this type of structure does not work with crypto principles as it puts all the trust in one or a few individuals.
So to get back on topic of my initial response, we need 1 countrycoin to succeed for others to get investment again. A really good recent example of this is CANN, now all the weed coins are getting attention.
I don't know that. I see symptoms that make me trust them. I see concentration of knowledge, I see community-building, local propagation, education, support, competition, all kind of things Bitcoin can't offer by itself. Don't talk on my behalf if you say "we need". People can decide for themself.