Wu Blockchain (@WuBlockchain): Jimmy Song: Altcoins Are Scams; Bitcoin Is Better Money, Not Better Technology

Jimmy Song: Altcoins Are Scams; Bitcoin Is Better Money, Not Better Technology In June 2026, well-known Bitcoin educator Jimmy Song @jimmysong said in an interview with Cointelegraph during BTC Prague in Prague that altcoins, even when marketed as technically superior, still struggle to replace Bitcoin because they lack Bitcoin’s network effect and long-term security hardening. In his view, many people simply do not care how often those assets get hacked, and the bigger misconception is that Bitcoin is still seen as a technology rather than money.