The worst part is that despite all this, BTC's price keeps on rising. That makes me richer, but sad because the people who invest in BTC today, cannot share the enthusiasm and the ideals which made me invest in it in 2013.
It is now obvious that BTC will never replace credit cards. BTC is slower than Paypal, and sometimes even more expensive. The past 2 years have clearly shown that there won't be a quick fix to BTC's problems. All the early adopters know that. If BTC's price keeps on rising, that is because the newcomers DO NOT care about BTC. They just want to make a quick buck.
It is a brain twister for me. Each time I settle bitcoin transactions, I start to ask myself "Is it really the currency of future?". I guess Bitcoin would not be able to keep dominating crypto world under these conditions. Once bitcoin would lose its lead, bitcoin has no chance to be the dominant cryptocurrency again. Bitcoin development should get in a constructive way or there is a bad future waiting for bitcoin.