Interesting article kaltoro, You’ve added interesting criteria beyond my own. Here are some I use, but note I only aim for a decentralized cryptocurrency that is censorship resistant and deflationary and anonymous- some tokens are very useful for other purposes such as smart contracts : all code should be open source, the coin should have a blockchain and anyone should be able to run a full node at home, there should be a limit on circulation (BTC limit is 21 million) the coin should not be premined (which is why I like Rhett Creighton’s zclassic idea over zcash and of course I look forward to getting bprivate), and I don’t do ICOs. Last of all, it’s an obvious criteria but a couple years ago lots of people were scammed: it should not be an MLM token. Now Reddcoin May be a very good token, based on what you described. For now, I am focused on accumulating more BTC and LTC. Ethereum has no limit but I own some because of smart contracts. I forgive some of its ICO nature so I am a hypocrite that way. I agree on Monero and own some, but like you say, BTC might steal its use case some day, like when atomic swaps are built into phone apps.
Excellent points all around. I cannot argue with your emphasis on decentralized-only coins, and any die hard crypto enthusiast should tell you the same thing.
I was careful to not endorse Reddcoin outright, but use it rather as a cautionary example of bad community feedback. Truth be told I do own some, so the lack of communication on the devs affected me personally.
I forgot to ask, what are the main coins you are focusing on at the moment besides BTC and LTC?
I have to say ethereum, because that is the third token I’ve been buying the last twelve months. I own Monero. And have BTG. You know my real name, by the way. I’ll pm you. I haven’t ever bought Bcash or BTG or bitcoin rhodium. Sold all my Bcash for BTG in December at the spike.