I don't see a problem. Bitcoin is not going to be used to buy lattes, its more like the crypto version of holding gold. What we need is a good altcoin to take over the function of currency for daily use whether its ETH, XEM, or some other one. Stop making small transactions and use it as a store of value instead.
I actually completely agree with this statement, but I question anyone who claims bitcoin was never intended to be an every day digital currency. I think that's exactly what the intentions were. Just my opinion though.
There are better coins for that tbh. I wonder how long it will take for merchants to change from Bitcoin to another cryptocurrency with lower fees.
We've seen some big exchanges add certain altcoins alongside Bitcoin, it's only a matter of time before merchants do the same.
But we'll see...
Most merchants are using a processor that pays them fiat, it's what the processor is willing to accept.