The chief benefit is that its not owned by one company or a conglomerate : Bitcoin

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.

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Coinmarketcap increased their tracked coins from ca. 3000 to 4782. This is how bitcoin’s dominance is kept low. : Bitcoin