Betamax was a superior technology than VHS but it never took off
+1
it's all about adoption and what is a standard. I don't see the media talking about litecoin do ya?
Not always the best makes it to the most adopted.
I think bitcoin will have upgrades to make it lightweight and more efficient, hell I even think that a branch of bitcoin maybe something like bitcoinX/bitcoin 2.0 whatever you want to call it will take over and people will be able to transform their old bitcoins to the new version of the coins for free or something.
How would the media even talk about litecoin? "Have you heard of the new up-and-coming electronic currency system, Litecoin? It is
just like bitcoin, but with a different name and not as many people use it. If you don't know about bitcoin, here is how it works ..."