Maybe yes, but what do you think is the reason for that?

There are many cryptocurrencies that actually have more to offer than Bitcoin. Bitcoin's technology is actually outdated if you compare it to other technologies. Yet Bitcoin is high on the top there, and everyone knows the name Bitcoin.

Just take to the streets, ask the average person if they know Bitcoin. The answer will often be ... "Yes, that's that internet money, isn't it?" In short, the masses have not yet adopted cryptocurrencies, but they do know the name Bitcoin.

Ask an average person, "What is Litecoin?", And they'll look at you with a look that makes it clear they don't know. The group of people who have not yet embraced crypto is larger than the group of people who have. But 99.9% knows the name Bitcoin. The people who are not in crypto don't know that there is so much, and for someone who is just getting in, or wanting to get in, a thing like DeFi is even more difficult to understand.

When the masses adopt crypto, this will change I think ... and I also think a lot of people are getting on Bitcoin because it is the only one they know by name. You even hear from stock market traders that they find crypto unreliable, too volatile, but that they want to get their share ... OF BITCOIN. Not all other crypto. Simply because they have not yet proven themselves for them.

Crypto is an adolescent for them, on the way to adulthood. And how that will be in the future ... no one knows yet.

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