MySpace was way too far ahead of Facebook, Twitter, Instagram and etc. They must be failures with hardly any users today.
Totally apples to oranges comparison there. Myspace is neither a network protocol, nor a form of currency.
With Coinbase's attitude, they're gonna get replaced by another exchange that understands Bitcoin is just as alternative a currency as any other altcoin,
Rofl, what a monumental logical failure. First, Coinbase isn't even an exchange (yet). Second, they are the only service with 70 million dollars backing.
Bitcoin has flaws, and some people are out there to improve upon them.
HTTP has flaws too, but for some strange reason no other protocol ever rose to compete with it. Why do you suppose that is?
I'll give you a hint, both HTTP and Bitcoin are protocols which change and evolve over time. You don't need alternate versions of an entity which itself is capable of change.
There's a reason neanderthals are extinct, they were an inferior version of an evolving entity, utterly redundant. Natural selection did its work then, just as unnatural (market) selection will do to altcoins now.