[goykasi]

> A new altcoin would not be as useful as bitcoin outside of the system. Using bitcoin makes karma as real as possible. Using an altcoin would just be annoying and a lot fewer people would want to use the system.

But is that really true? The overwhelming number of users that would participate (at reddit's scale or a couple of magnitudes less) have 1) never heard of bitcoin, 2) dont own bitcoin, 3) think its scammy or for buying drugs. Almost all of the potential users would have to purchase bitcoin just to participate. The only people that would be annoyed by using an altcoin are the ones that currently own bitcoin and would not receive a benefit from an increase in value.

Lets be real. This type of application could definitely be developed with some sort of decentralized/p2p token system where tokens are earned, posts are paid for them and maybe the tokens gain some sort of value, but it doesnt require bitcoin. It could literally just be pebbles picked up off the ground if enough people believe that that is correct. Bitcoin isnt valuable enough and doesnt have enough utility for it to be an absolute requirement.