Do you think we can ever trust alternative coins again? And why?
I am about to convert all my altcoins to BTC that's why i'm asking.
Nothing has changed for Bitcoin with the situation of FTX etc. Bitcoin is the only coin that is really decentralized. Everything that is happening with the altcoins is mirrored on the BTC. Which is actually irrational. So all prices are down so switching from Altcoins to BTC would not be so painful. I think that BTC is becoming more important due to the current situation.
What do you think about my theory?