As title
Because only bitcoin is usable outside of its platform
Disagree. BTC is unusable. Honestly, would you use BTC as it currently stands? Don't kid yourself.
Bitcoin can do 3 transactions a second. PayPal does 150 visa does like 1500 but can do tens of thousands.
[Blind] Check out this post! Why is the recent jump in Bitcoin and not Ether or Litecoin? (Tech Lounge) https://us.teamblind.com/s/TNBknGYY
Another thing is that they are not completely independent. A lot of people keep their money in crypto exchanges and switch between cryptos.
I think you're overemphasizing the liquidity of these markets. Theyre anything but.
Clarify? There are plenty of liquidity at major exchanges
They are separate currencies.
They have nothing to do with one another.