We all know that the first cryptocurrency that ever established is Bitcoin way back 2009 by Satoshi Nakamoto and Yahoo is one of the pioneers in the email service provider industry way back in 1994 by Jerry Yang and David Filo.
My point is that most people will try to invest on what's the most popular cryptocurrency out there and has the largest Market Capitalization and without studying the market charts, trends and as well as sentiments. There are many blockchains right now that functions the same as with Bitcoin Protocol/Network but the problem is that more people don't appreciate the other alt-coins that is much faster and more secure than Bitcoin and the fact that its transaction speed or (TPS) is just about 3-6 Transactions Per Second. Just disregard Ripple (XRP) and Ethereum (ETH) in the photos below.
That is the reason that we have lots of hard forks such as: Bitcoin Cash and Bitcoin SV. Hard fork is all about upgrading the network about security, proof of work - algorithms and the speed of transactions as well, but the main consequence of that is the creation of new coins, new network or new blockchain and transition miners from one blockchain to another.
As for Decentralization, Bitcoin is not decentralized anymore when it comes to hash power, mining pools and the miners are mostly in China.
Financial Institutions don't like to adopt a new currency with low transaction speed per second especially if it's meant to be adopted for financial markets such as derivatives market, foreign exchange market, stock market, options and futures market.
Bitcoin's settlement time period is about 1-2 hours or more.
Banks and other Financial Institutions are just using Bitcoin right now as a hedge for the upcoming Financial Crisis, in times of onslaught and despair in the markets, people (Millennials) will tend to buy the most popular and widely used cryptocurrency right now and that is Bitcoin, that is the time that Banks and Financial Institutions will make a profit.
Most Millennials (Information Age) - the largest population will not care about precious metals such as Gold and Silver because it is for Generation X (Industrial Age).