Many have
higher transaction capacity
greater speed
energy efficiency
fixed fees which are more cost effective than LN Hubs
Sure. In exchange of what? Significantly far less security and decentralization, which is one of the most important characteristics of a cryptocurrency.
Fiats or other crypto, their choice.
You think hashrate and energy waste secure the coin ,
and ignore the 4 pool operators behind the curtain that can 51% attack at a moment notice,
due to that criteria , any alt with more than 4 main holders is more secure than bitcoin.
Let that burn into your brain, Hashate and energy waste are useless in securing a coin,
when the miners give a mere 4 pool operators over 51% control on a daily basis.
unsuitable for daily transactions due to excessive fees.
If you actually use bitcoin, you know that that's statement is ultimately false. A very common statement from people who doesn't really use bitcoin. I'd bet you got that criticism from shitcoiners on Reddit.
And you be wrong again, in the rare instance when forced to use bitcoin in my dealings.
I always check the transaction log, to see how slow it will be this week and postpone sending until unconfirms are below 15000.
https://www.blockchain.com/btc/unconfirmed-transactionsAnd when forced to use Bitcoin, I ignore the fee and pay the highest , which many others can not.
Otherwise I use litecoin or doge or ZEIT, as their speed and lower fees make them the more sensible economic choices.
If you actually used bitcoin to pay, you notice it takes so fucking long ,
that many time the merchant acceptance timer for the agreed upon number of bitcoin comes close to running out.
But since you only buy and hold , you don't know shit.
