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I'm really glad someone can articulate what I've bee thinking for a long time. It started when I realized that bitcoin was being used to fuel dark markets then again when I saw that anyone was able to make a coin and pre-mine thousands before sharing with others struck with FOMO.

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You can easily make rpowerscoin. But it won’t be bitcoin. And its existence will have negligible impact on bitcoin.

There have been 100,000 clones of bitcoin (according to someone who claimed to have counted)but none are genuinely successful. Even forks if bitcoin fail despite spending millions on propaganda.

Think there might be a reason?

I think that can be adequately explained by this entry, https://en.wikipedia.org/wiki/First-mover_advantage.

Ethereum and Bitcoin Cash have already surpassed bitcoin in transaction throughput. If anyone has spent millions on propaganda it is the people pushing the second layer on bitcoin's crippled transaction throughput.

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