Why is bitcoin the most popular cryptocurrency?

Bitcoin already has established infrastructure. There are sites, companies and merchants who accepted Bitcoin, big exchanges, local exchanges in almost every country, lots of people who accept it or willing to spend. Now, if you take some altcoin, you will have a very hard time exchanging it for your local currency or finding a place where you can spend it. The reason for this is because people don't see any need to work with altcoins if Bitcoin works just fine.

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