Why BTC Still “Wins” Over BSV: Human Blind Spots & Market Dynamics

1. Herd Mentality (Social Proof Bias)
•People follow the crowd, believing that because BTC was first and has the largest market cap, it must be the best.
•Early success created a strong brand narrative: “digital gold” and scarcity-driven FOMO maintain BTC’s dominance.

2. Cognitive Dissonance
•Admitting BSV’s superior scalability challenges deeply ingrained beliefs about BTC’s status as the ultimate form of Bitcoin.
•Many Bitcoin enthusiasts reject conflicting evidence that shows BTC’s limitations (small blocks, low utility).

3. Narrative Over Utility
•BTC is marketed as a store of value, appealing to speculative investors despite its lack of real-world utility.
•BSV’s focus on microtransactions, enterprise use cases, and data economy solutions is less glamorous to retail investors who prefer speculative “moonshot” narratives.

4. Centralized Influence and Censorship
•Media platforms, exchanges, and crypto influencers often promote BTC due to vested interests and strong lobbying from early BTC proponents.
•Censorship of pro-BSV content reinforces misconceptions.

5. Misunderstanding Decentralization
•Many equate small block sizes and higher fees with better decentralization and security, even though these limit BTC’s scalability.
•They ignore that BSV achieves scalability while remaining decentralized through miner competition.

6. Resistance to Change
•People are naturally resistant to change and slow to adopt disruptive innovations.
•BSV challenges established assumptions about blockchain utility, requiring a mental shift most haven’t made.

Conclusion:

Human psychology—fear of change, herd behavior, and branding bias—keeps BTC dominant despite BSV’s technical superiority. As utility and real-world adoption grow, however, market forces will eventually overcome these blind spots.