What's the point of all of these new crypto coins other than the major ones like Bitcoin and Ethereum?

I understand the whole decentralized aspects of these coins and how they are revolutionary and future minded, but I do not understand why all of these new ICO's are happening. For all of these new companies that are springing up and creating their own coins... What is the point? It seems inconvenient that in the future we would have to use all of these different coins for different purposes?

What is the point of Dash? It seems very very inconvenient to have to convert my crypto currencies to dash coins to send to someone...

I'm just wondering why they would create their own coin when it would be so much more convenient for them to create a platform that sends Bitcoin and Ethereum... and other major Cryptos.

It just seems overall very inconvenient from the consumer perspective. Why would a consumer ever be interested in using these alt coins for purchases and transferring money when they can just use their Bitcoin's and Ethereum for the same thing?

submitted by /u/pmo20
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