I agree with everything you said and tell you that you and bitcoiners are walking into a situation where BTC will become irrelevant.
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If bitcoin is still operating, it is not irrelevant. That’s how the market works.
So it either dies completely, or it will be a means of escape for those that embrace it.
And that’s always been the deal. It goes to zero or ends up eating everything.
So are you saying it’s going to die?
What im saying is not hard to grasp, BTC is turning into a expensive Blackberry. Youll make money trading with someone who sees value in it at a high cost, like an ebay auction bht not as money. There is usage but its path isnt global freedom peer 2 peer money. For some thats ok, for the original vision its a horrible end to a brilliant movement addressing a real problem.
On another note i am warning you like a mirror reflecting something you cant see. Be careful thinking that bitcoin has to win, because you will allow the state to take everything else from you on the promise that they will use bitcoin as a way to help people, the promise youll be financially strong and that the countries economy will survive. Its the same playbook with stocks in the 70s, some people did get rich but its just delaying the optics of decline of the overall situation.