Even though the Bitcoin blockchain code can change to make it better, it currently isn't better than others. Why isn't Dash or Ethereum the most popular cryptocurrency? They are better in many ways. Why isn't Steem the most popular cryptocurrency? It's the quickest blockchain. It has the most use overall with the most transactions in a day.
Just because something is better, doesn't mean it will be more popular or be used more. The quantity of people using something doesn't necessarily correlate to the quality of a product or service.
Human consciousness uses heuristics to find solution, learn and discover. These are shortcuts that are practical to a certain extent, but not guaranteed to be optimal. Cognitive biases are part of heuristics.
One reason an inferior product stays ahead is because it was the first. This is part of the anchoring or focusing effect cognitive bias. Whatever comes first, makes an impression. It gets traction in our consciousness because it has the weight of being first. That weight acts like an anchor on our "ship" of consciousness or attention that fixates us to that position. Subsequent pieces of info have less weight and less impact to move our ship/conclusion to another position. The anchoring effect keeps us anchored at a certain position.
The focus of our attention keeps coming back to the anchored position, and this is how it's also the focusing effect.
If you learn about some category of knowledge, like the best car, and you receive information about the best car being a certain model or make, then that will stick with you. Even after other information comes in that says another model or make is better in certain ways, the first one will be preferred because it is the first you learned about. Similarity, when we barter on a price we always revolve around the first price mentioned because that's the anchor that has been set.
Bitcoin was the first cryptocurrency blockchain technology. It's the anchor and focus. It's the de facto standard for cryptocurrency use. It has traction. It has popularity. It has the weight of being first and being the most used by the majority of people who get into cryptocurrency. It has a large quantity of people using and for a longer period of time. These are biases as well.
Bitcoin may not be the best coin out there right now, but it was the first. For that reason alone, it will continue to be the default cryptocurrency that the mainstream will look at, talk about, and influence others about. Bitcoin may stay where it is. Changes can be made to make it better and keep it's position as the king of crypto.
Steem might be better, and have more use in terms of a blockchain. But it wasn't the first. Maybe it will become the king of crypto some day, and maybe it won't.
Thank you for your time and attention. Peace.
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