I partly agree. Even though most are definitely crap, saying that
everything besides bitcoin is complete shit is purely wrong. I mean, I think you only have the right to call everything but bitcoin shit if you literally studied every single cryptocurrency project in existence.
With that said, I think the congress hearing went that way just because the time is so limited. The time is short enough to talk about bitcoin only, what more if they talked about other legitimate projects? It would require A LOT more time. I think Meltem Demirors' goal here is to just not confuse them right off the bat.
the problem is not bitcoin , the problem is to much shit out there and this is why bitcoin deserve to be king,
and we have great project beside bitcoin like nano and ethereum and few others.
its people/founders/scammers and other shit is lazy to bring top coin for few reasons, when in reality it very simple just need to be creative and nothing more.
in anonymous projects i dont trust, because the team need to open about who they are and other stuff, bitcoin team escaped this because they was the first one and far away from scam yet after this all the anonymous projects was scams because to be anonymous its the best way to scam.
*and if i will invest in anonymous projects its only they provide in someway trust how it will be i dont know.