My core belief: If it's not redundant, it doesn't exist. That applies to value. A cryptocurrency's survival shouldn't rely on hype or speculation; it should rely on utility.

BTC and ETH failed this test – they need L2s to function. If you need a second layer to use the first layer, the redundancy breaks.

XMR, LTC, BCH, SOL – low fees, they work, no ceremony required.