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RE: This Could Be Bitcoin's "Netscape Moment"
I agree ethereum has real application as does steem but the vast majority of Alts do not. There are around 900 Alts at present and most are just clones with a few variables adjusted. Ultimately they need real world applications otherwise they will remain vehicles of speculation and effectively betting tokens.
Totally agree with this. Its similar to IPO companies in the equity market. 10% will survive long term (maybe less). The 900 will grow but the top 10 are relevant as those are the Blue Chips.