guys, in bitcoin literally nothing happens if we compare with defi on ethereum. User experience and possibilities there (lending, dexes, pools and so on) are so far ahead.
the idea of 21kk bitcoins is out of date, no fresh ideas, no fresh blood in devs. And also absolutely centralised infrastructure around (exchanges). Lightening is fucked.
Bitcoin is one more tool for snx traders. And its price goes exactly according to s&p500. I hardly see reasons to hold the biggest share of my portfolio in bitcoin. Maybe I missed smth, help to get it. Thanks!
The thing is, all these altcoins were created after Bitcoin and as usual the last will always see the things that are not perfect with the first product and they will try to add more features.
I think that when Bitcoin was being created, the main thing they had in mind was just transaction and they were not really looking more into other features. Even though the transaction is a bit slow than others, there is still nothing wrong with it. Others were able to identify the few faults it had and then used it to perfect their own projects.
Nothing is perfect!
This is why other developers would try to create to much better and more updated coin.This isnt only talking in cryptos side
but this had been happening since from the beginning of time since its part of our instinct to create something better on where
others had already done but we cant really avoid the fact that first things that had pop out would always took the spot light
even no matter how many much better alternatives out there.