Recently, Litecoin $LTC founder Charlie Lee said in an interview that he regrets creating Litecoin. If he could say one thing to his past self, it would be to only buy Bitcoin, not to start a business, and not to touch other cryptocurrencies. This statement is harsh but extremely true; the entire industry has been forced to provide this answer repeatedly during cycles of bull markets.
So looking back, haven't these past ten years felt like a large-scale experiment? Countless people have ventured into entrepreneurship, building, financing, and experimenting, only to confirm one thing for the market: Bitcoin is the only existence that does not need to be proven.
This is not a denial of other altcoins, but rather because of the operational mechanisms of this industry, which inherently reward holding a belief consensus rather than creating value. You can create protocols, applications, and narratives, but as long as they fail to form true native demand, they will ultimately become one thing: priced by the market, cashed out, and then flowing back to BTC. This structure neither creates new value nor attracts new users; in an extreme PVP scenario, it can only lead to a greater collapse of trust.
When someone who has personally created one of the top ten cryptocurrencies says to only buy BTC and not to start a business, this is not an industry issue, but rather a rational conclusion after seeing the structure clearly. If the early crypto world was an adventure about possibilities, today, it resembles a selection about belonging.
It can be said that over the past ten years, everyone in this industry, every chain, and every product has possibly been doing one thing: using their own practices to continually cash out to drive Bitcoin's rise. If BTC is the front of the train, then the engine pushing this train forward is indeed the altcoins!
