Popular opinion is bitcoin is too big to fail or too big to become irrelevant, well, plenty of bigger enterprises have failed or are now irrelevant, myspace is a good example.

Concerns expressed by Gavin are shared amongst many of us for at least a couple years now, I'm of the opinion we've already passed the no return line some time ago, as people cannot build on the bitcoin network and many have been pushed out and had to build their own blockchains or build in some other blockchain, this is reflected on the current low value and the occasional pump without the possibility for growth.