ETC has no reason to exist. Expanse was already an ETH clone that has never had a rollback like the DAO fork. Expanse also has a development team in place and a set of goals. ETC therefore adds no value in being the non-forked ETH. In fact, ETC should have negative value because all ETC holders got their coins for free. At least Expanse owners had to mine their coins or buy them from an exchange.
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In the markets reason for existence in never an issue. Value is - and value is determined on many things.
Many people are against central control and bailouts because we get them daily with FIAT assets. ETH in a way "betrayed" many people ideologically. Developers are found everywhere. Who is to say that ETC won't get any to work with their projects?