(Devil's Advocate here, but #monero is very much alive and has "real economy" adoption to rival bitcoin. Just not in things that can have main street shop fronts. It sucks as a SoV, though, because inflation-by-design.)
Discussion
Money is a *brand* first and foremost. You want the brand most people recognize. The Yen, Euro, Aussie all have brands and have plenty of adoption. The dollar is a brand that is the largest, so everyone wants dollars.
Bitcoin is THE brand.
Truth
Yes, that's my argument. You can burn a brand.
True, but there’s no benefit to burn an established brand and start a whole new one from scratch.
It is technically possible, but I can’t imagine anyone would do this.
