Altcoins lead to market distortions (most alts are 21st Century Pogs) &amp; arbitrage. Other assets (gold, S2F @saifedean @100trillionUSD) inform $BTC price &amp; discovery info flows asymmetrically from  to alts. Alts valued incorrectly because speculators use $BTC price metric. https://t.co/MaXz79eSHq https://t.co/q9hadwEltC