Alot of speculation. Sure, "any" coin can be listed on Coinmarketcap, but thats different than being "Top 20" on coinmarketcap. Also, just because a coin isnt traded on public exchanges that you see as okay to you doesnt mean that it isnt publicly traded on an exchange. If you go to that same coinmarketcap you'll see what public exchanges that coin is publically traded on. Oh, and I've never known a white paper to prove that a coin is valid or somehow has intrinsic value. This is all digital, bitcoin doesnt even have intrinsic value, the blockchain is where the value is. 5 years ago people were calling Bitcoin a ponzi scheme because it wasnt Gold/Silver/USD and the person who they thought was the developer got in front of a camera and emphatically stated that he WAS NOT the developer of that coin. Yet, 5 years later, bitcoin is still around and no one cares that we never found the actual developer of the coin. Why? Because the blockchain that the coin is on works. 5 years from now no one is going to care if a coin didnt come with a freaking white paper. Most of the people who talk about white papers never read the white papers of the coins they're currently invested in. If the service works it wont matter, if it doesnt work people will claim they knew all along. At the end of the day people will use a service no matter the criticism from people who dont see it as their cup of tea. People still invested in Bitcoin when it was 2 bucks and no one cared or laughed because they didnt understand it. There are people today who call Bitcoins price "inflated" and they have their share of reasons for it. At the end of the day the price is the price and people are willing to pay the price to have it. Bottomline. Great effort on the article. I dont have to fully agree with you in order to respect the effort put in. Upvoted! :-)