Now it's the last desperate hope for all the cab drivers and grocery clerks... Bitcoin is not about organic development of technology, not any more.
Wow, Im pretty sure that anywhere in the world you go and ask a cab driver what bitcoin is, they never heard of it.As for development of technology, bitcoin is barely scratching the surface, there are more developers working on bitcoin related software, hardware, than there are in most technological fields at the moment. Imagine 1-2 years from now, when all those MIT and other universities students graduate what will they come up with. Altcoins brought nothing new to the table, Bitcoin was about decentralization of money and is the main cord that keeps all the altcoins alive. If I'll lose faith in Bitcoin I'll lose faith in decentralized money meaning in all crypto currencies.
I don't understand the thinking that there is rivarly between alts and bitcoin. Why does there have to be? And are you serious when you say that alts bring nothing new?