My gut instinct has me feeling that; should the price of Bi…
My gut instinct has me feeling that; should the price of Bitcoin (BSV) ever turn parabolic, and all the attention of the miners switched their operations to the most profitable chain; surely other chains would become ghost-chains.
That’s one of the major reasons too that puts off, from focusing on anything else other than Bitcoin.
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I see can see bitcoin and a few privacy coins working side by side.
99% of everything else will vanish
Sure, but the other scenario is that tptb implode Tether (easy) and take down BTC, with everything else and simultaneously all stablecoins, brinfing back CBDCs saying "see, it was all a casino, even the stablecoins all a scam, we need to protect people and do it right under the wise guidance of central banks."
In that case, everyone who can will sprint to privacy coins. You can see it happening already. Every time BTC drops hard, ZEC goes up. Not long ago it was the same price as BSV.