As I said, I agree when you get to the point where it actually resembles a global ledger. Something that grabbed 0.2% could still be overtaken by something that grabbed for example 1%. But if and when you get to 20% or 80% or whatever, then no.
Right, all in context.
Has Bitcoin already captured a few % of its final market? I say yes, because it appears to be limited to helping Paypal & friends (Goldman, etc) do a global obfuscated reserve takeover of traditional consumer (or B2C) transactional banking only. And realize that most of the world's population is unbanked or already has a Paypal account (and I consider Bitcoin = Paypal = Coinbase = Circle already it is just a matter of releasing what is already in the cards).
Will Bitcoin ever be mined regularly by all humans? Is there any market for that?
Will Bitcoin ever be used in
decentralized micropayments? Is there any market for that? (Coinbase et all won't be able to accomodate the same level of network effects that a decentralized solution would)