Your insights are very good but using the term cryptocurrency to describe bitcoin is way off. You can just be specific than classifying it with other shitcoins as cryptocurrency. Bitcoin is a course and subject matter of its own and it will be lack of understanding for anyone who knows about the concept of bitcoin to call it cryptocurrency even though it is the mother that gave birth to other cryptocurrency, but it is better to accord it that honor of standing on its own without attaching it with alt or shitcoins called cryptocurrency. It has already been noted that bitcoin has become more popular than Gold in recent times and despite that the market cap. of Gold is way higher than that of bitcoin, but bitcoin will soon attain and surpass that level one day. All we need is to be optimistic about bitcoin that it can reach any ATH and focus on buying more bitcoins than we sell and it's not only by buying but also hodling for long term growths.
Yeah. When someone mentions the word cryptocurrency, and he is trying to talk about bitcoin, I see those people that maybe they don’t really know how it is because the word cryptocurrency is a general word for both shitcoins, and it will affect some newbies because they will think these are the same thing while they are not. Bitcoin has already taken over the industry, and no coin can come near Bitcoin in the crypto space right now.
Also, there is no other coin that can give you peace of mind like bitcoin. That is why I call bitcoin the father of all other coins, because any other shitcoin follows the same path, and that is why you will see any other shitcoin rising when the bitcoin price goes up. They all follow the trend.