But despite this, there have been limitations as to how far-reaching Bitcoin should have gotten and this limitation is traced to the presence of so many altcoins that seek to undermine the relevance factors that Bitcoin presents to gain global attention we have thousands of cryptocurrencies in the market and all of them are just copy cat of Bitcoin to gain popularity and also cashing out on the gullible minds.
Altcoins that are trying to beat Bitcoin in the currency/SoV category is so 2016. 99.9% of altcoins today that has at least a small number of following are pseudo-equity. Not much projects are trying to beat Bitcoin at it's game for a while now. I'm saying this as someone who actively follows the altcoin space despite being a Bitcoin
maximalistmostly-malist.