I'm seeing more and more new people to crypto parroting the mantra that Bitcoin is old tech and needs to die.
Yes btc is to some extent old tech and yes there are faster, cheaper blockchains. But newbies and even some veterans need to be careful cause if enough people think something then it tends to be a self-fulfilling prophecy.
Problems that come with taking btc away as root of cryto are really not known. I suggest to you nothing good will come from it and crypto needs btc as a solid reserve currency of sorts and most gains people have made in alts are due to btc rise. Take Bitcoin away from top slot and I think crypto becomes unstable. IMO.
I completely agree. Yes, there can be altcoins that are superior in terms of technology, and that's true. Technology evolves all the time, and cryptocurrencies are no different. But ask yourself, is something like smart contracts really going to be used on a day to day basis? Or are you more likely to be using bitcoin to pay for some goods online directly?
Bitcoin has been proven to be a store of value. This is one of the most celebrated properties of "money". Altcoins are usually just hyped up clones of one another that really add no value to the economy whatsoever.
Bitcoin will always be considered the #1 cryptocurrency, because it is the first to be here, the only one without a known developer that it's benefiting for, and the only one that has proven that it has the ability to steadily hold its value and even realise potential value for 10 years straight.