Bitcoin is the mobile phone. Bitcoin is a technology, not a company.
Everyone who made analogy such as Altavista/Google, Myspace/Facebook, or that Nokia one, failed to understand that Bitcoin is a fucking technology. Bitcoin is like the Internet, the mobile phone, the automobile, the electricity, the fire.
So what is Litecoin or any other alt?
There can't me multiple technologies all serving the same purpose.
Bitcoins concept is the technology. It's being used by other cryptos though.
Only a few can dominate and all I'm saying is that could bitcoin be overtaken by something it indirectly created?