When asked about altcoins, he rightly pointed out that ALL altcoins compromise on the quiddity of blockchain, trustlessness and decentralization, to have a business model. That's exactly what altcoins are, a business, a scammy business.Any ledger which does not practice permissionless, decentralized book-keeping is not immutable, not trustless and is effectively the same old GAFA gang(Google, Amazon, Facebook, Apple) under the pretext of 'blockchain technology'.Next time you see a 'blockchain project' with C-suites, just say, "No, thank you!" via /r/Bitcoin http://bit.ly/2syUXf8
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