Tbh it's one of the dumbest takes I've seen in recent years but I'll address it.
If I buy 1 coin with 1 billion supply for $1, I just created a billion dollar marketcap coin.
Every change can mean breaking something else. Slow progress is actually a good thing.
If you're talking smart contracts, there are a lot of superior options available.
Default privacy will be a battle though with all regulators/exchanges which potentially have an issue with it.
PoW works. Miners are just employees, they get paid to verify transactions/mine blocks. They're not in control of the network, UASF worked as intended.
All the clueless people forked off and the free market showed who was right.
Don't like liquid? Don't use it
It's also proven to be seizure-resistant and censorship-resistant with a capped supply.
They buy Bitcoin because it has proven to be a solid store of value and hard money.
We've seen a big increase in users actually. Just look at the numbers $GBTC is doing every week.
If the most decentralized coin with the cleanest inception and first movers advantage loses its first spot. It's game over for all cryptocurrencies. End of story.
Also Bitcoin is TCP/IP not altavista.
1. Still more coins and tokens will launch.
2. People have this weird idea that after Bitcoin pumps they don't want to buy it since it already went up a lot. They'll buy shitcoins. Yes. Altseason.
Bitcoin's real dominance is being number 1 in marktecap. Not Bitcoin vs all shitcoins.