Its crazy to think that over 10 years ago at the genesis of BTC and the current crypto market people could already see the flood of Animal coins and "Safe-Coins"
Before BTC we had Flooz and Beenz which both failed to an extent due to their centralization.
Here is the Link to the original thread. A great read with hindsight
The quote:
" You say that now, but if bitcoin really takes off I can see lots of get-rich-quick imitators coming on the scene: gitcoin, nitcoin, witcoin, titcoin, shitcoin... Some of them are sure to attract users with promises like "Why use bitcoin, where you can only generate 50 bitcoins every few months? Use shitcoin instead, and you'll get 51 shitcoins every 2 minutes".
Of course the cheap imitators will disappear as quickly as those 1990s "internet currencies" like flooz and beenz but lots of people will get burned along the way."
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