I definitely thought there would be something valuable at first in all the Altcoins. At the beginning I remember I struggled to even understand the difference between Bitcoin and Bitcoin Cash. I remember also I mistakenly enrolled for a hackathon for Bitcoin SV because the scam was good enough to use the name Bitcoin everywhere but in a small place where the logo had "SV" in it.

In my case I began in 2013 by selling Bitcoin to a Brazilian marketplace to make money with the asymmetry of information there was at the time between currencies. I remember that with a Chinese friend we tried to sell bitcoins but the Brazilian market was too small so it failed (I was the middle man with international connections to use multiple passports for KYC).

Then forgot about Bitcoin until 2017, then again in 2021 where thanks to Terra Luna I woke up with all the lies. Fortunately I didn't lose much money because for me the ethical aspect was more important than the return so I could not invest in KYC platforms and was very hesitant with Terra Luna. The other thing which saved me is work, as I couldn't do trading as I wished.

I think there are competent people in Altcoins but everything is so much rigged that competency in a field can be a disadvantage because of the noise and the money flows. One day their project will fail or be repurposed and eventually they might come to Bitcoin. The other problem I think might be an ego problem for public personas and admit they were wrong. Hopefully over time people will use social networks in better ways than pee on Bitcoin and there will be more recognition for its value.