Why do people still buy BTC?

Let me start by saying I am still a noob and I don't claim to understand much about this space.To me, it seems like the only "advantage" BTC has going for itself is it being the first cryptocurrency. Besides that, I feel like it's just outdated, old technology all around. Slow, high fees, wasting a lot of resources. I could not think of a single use case where it's still the best solution there is.I would have expected the price for BTC to go down relative to other cryptos. Does not seem to be happening, it's still the "big daddy". Am I missing something, and BTC is still amazing for some use cases? Or is it just the delay before people realize that there are better alternatives for every use case I can think of? I know no one can predict the future, just interested in your thoughts on that.

Submitted August 27, 2021 at 04:08PM

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