One of the main reasons why Bitcoin has more worth than any other cryptocurrencies is because it has the proven track record to secure hundreds of billions of dollars ($269 billion as of Dec.8 ) without getting it lost to theft or accident.
If a person manages to successfully hack Bitcoin, he or she will easily top the Forbes Billionaires List at #1. And believe me, people have definitely tried to get this money that Bitcoin holds right now.
No other cryptocurrency has been held to the same amount of scrutiny and stress-test as Bitcoin. Lets really test the limit of this technology.
Good or bad, Im extremely excited what we will see in the future.
I hope you are too.
I don't think I agree with you on this. The basic reasons behind why bitcoin is more valuable than other cryptocurrencies are;
1. Bitcoin introduced blockchain technology which led to the introduction of other cryptocurrencies.
2. Bitcoin is the father and king of all cryptocurrencies.
3. Bitcoin introduced financial freedom to everybody no matter your social status.
You don't have to disagree with each other, both reasons can be combined. Except maybe for number 3. How can bitcoin gives you financial freedom when it can go down or up just like normal currencies do? And is bitcoin is even too volatile that is dangerous in terms of your financial security? Maybe you are earning bitcoins online? But everyone can also earn online with fiats too. Maybe the financial freedom you meant is free from government interventions?