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?
We naturally would want a better and more beneficial technology available for us to use. But so far bitcoin continues to lead the cryptocurrency industry because so far nothing has surpasses it technological advancement and it is the fastest and safest too. I think we people are adaptable in what is available and useful for us so all in all everything just follows.