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Bitcoin is a cult. Altcoins are cargo cults.

Altcoins are exactly the same

That's what the Papua New Guineans thought.

But in this case they have the planes too.

I think that's the idea: https://en.wikipedia.org/wiki/Cargo_cult_programming

> Cargo cult programming is a style of computer programming characterized by the ritual inclusion of code or program structures that serve no real purpose.

> Cargo cult programming can also refer to the practice of applying a design pattern or coding style blindly without understanding the reasons behind that design principle.

I don't really believe those apply here - they're the same and they're supposed to be, and they function the same. The level of understanding is largely irrelevant.

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