Really? Only "altcoins"?
They have the exact same mechanics, structure, and backing as Bitcoin...
They have the exact same mechanics, structure, and backing as Bitcoin...
Imagine you started XorNotBux, announced you were planning to sell a billion of them in a few months, then inflated the price with a much smaller supply in circulation. Some people will buy this (and possibly profit) fully knowing that you plan to obliterate it in the near future.
While very few have unique selling points over Bitcoin, it is dangerous to assume they are 'at least as useful' as Bitcoin.