I have been a crypto enthusiast for many years. And to me it seems Bitcoin deviated from its intended purpose.

Many things have change these years, and even the average Joe is now buying crypto.

But many people are not buying Bitcoin because of its usefulness, they are buying to speculate (hoping its price will increase).

And yes, there are better alternatives to Bitcoin, simply because Bitcoin refused to improve. It is in the proud of being the first, but that alone won't make it successful in the long run. It is just not as useful, efficient and cost effective as other options available in the market.

To me, Bitcoin's price is overvalued. And when people see that, Bitcoin will get the price it actually deserves. And when it happens, it may be too late to reclaim the throne.