What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
Bitcoin is the first cryptocurrency on the planet and therefore, it is supported by many kinds of people including hackers and dark organization. There are many altcoins but It will take many years for them to defeat bitcoin because right now people are trying to make bitcoin greater so that it can be adopted by the governments. Once bitcoin is accepted, it will be a good chance for altcoin to rise and become stronger