There are newer cryptocurrencies than BTC with better technology. However we often insist that BTC is "king" because of its "first mover advantage" and its greater adaption. But then USD has far far greater adaption than BTC.
Shouldn't we value more technology than adaption? Isn't it natural that in the end other cryptocurrencies with better technology will prevail?
Bitcoin has all the features that a crypto currency should actually have. And yeah since USD has far greater adaption than bitcoin, most people avoid bitcoin since it is confusing for them to understand new technology. A time might come when other currency takes over bitcoin, just like bitcoin taking over (assuming) USD.