"Is that why it was designed ?"
The market determines what it is used for
"Did the person who designed it, tell you that? "
http://p2pfoundation.ning.com/forum/topics/bitcoin-open-source
"How are these other thousands of garbage coins helping humanity?"
Through punishment of malinvestment by the morons who invest in them. It punishes people who make decisions based on emotion, rather than logic and research.
time to exit all cryptocurrencies imo, page-148
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