If you look at the existence of alternative coins as an attack on (your preferred) cryptocurrency, then every shitcoin implosion is a good thing. In the long r

If you look at the existence of alternative coins as an attack on (your preferred) cryptocurrency, then every shitcoin implosion is a good thing. In the long run it seems unlikely there will be more than a couple surviving cryptocurrencies (see: Metcalfe's Law), and there will be a lot of chaos between now and then.