As a bitcoin fan, you obviously want to stick as many applications as possible into the Satoshi2009 blockchain, in order to get more support for it. But there are other blockchains in existence, and the bitcoin network's hashing power could be harnessed for other protocols and applications if offered suitable rewards.
nice, attaching the year to the blockchain to imply its old. Quite the troll shot.
What a twisted mind those bitcoiners have...
I merely attached the year to emphasize that it is the blockchain that Satoshi started in 2009. The bitcoin protocol could be restarted tomorrow by Satoshi with a new genesis block, and then Satoshi2014 could be a natural name for the resulting blockchain, which would be independent of the Satoshi2009 blockchain. (And I would not be surprised if some altcoins aren't just that, the bitcoin protocol with a "radical fork" of the blockchain.)
Jorge, the problem is there are already over 300 successful attempts (by that i mean alts which have a distributed flowing, nice GUI and analysis tools, etc) but they all fail to achieve the same network effect evident in Bitcoin, the Bitcoin network represents the most efficient network relationships partially because participants have a universal invested interest in its success. hell you are here pressingly because the network is successful and the participation density is high enough to keep this blog post engaging.
try find a comparable network in the alt community. I welcome competition it's the motivation behind progress, I have the same problem you have in that people get scammed, the bottom line is Bitcoin is an amassing experiment, however even though it increases in value exponentially year on year, most will lose, because they dont understand the economics, not because its a scam and they think there will be more growth in a new Alts when in fact its only Bitcoins growth that matters.
