For me FFVII relates so well to classic JRPG sensibilities with the way skills and magic are utilized into the action, and the fact that you can maintain an incredible amount of freedom across an entire party during such frantic action is awesome.
Bloodborne is easily one of my favorite games ever, and I love it to death, but its combat doesn't have the relation to what I think of when I think of what I want in RPGs. I'm not very good at action games typically and I barely hang in there with Souls games because of my passion for them, and they definitely lean slightly closer to a technical feat of understanding and using game mechanics such as character action games (a genre I'm entirely inadequate at) or even fighting games. While you have to learn FFVIIs mechanics I can confidently say as someone who isn't very good at action games, I can be very good at FFVII and I think that's because once you understand its flow, there's a lot of room for imagination and preferences to how to tackle encounters.
Now for the actual engagements, Bloodborne shits all over FFVII. FFVII doesn't have near the variety of encounters, the way the encounters are designed into the levels isn't as organic, and FFVII is constantly willing to show how poorly they implemented aerial encounters and camerawork just because it can. Despite these shortcomings, for the other reasons I've stated I like FFVII more. It's seriously what I think of when I think of the future for action based JRPGs, whereas FFXV before it had been a big pile of barf for the future of JRPGs to me.
Edit: Only other one I've played is Automata, which is so generic and boring I don't even know why it was put on this poll.