Would it be fair enough to assume that the project has failed, or failing?
90% of Bitcoin being held by an oligarchy of the elite, a cartel of banks, and by governments working together might turn Bitcoin into their "playground".
in my opinion, this will not be possible considering that many people in the first year also have a lot of bitcoin, but unfortunately many of them forget their password / private key address, so if we counted, it's actually a lot of bitcoin that is still a treasure without the owner