Much more scarier is the fact that this too high of an amount didn't circulate in the market which is bad for a currency in the rise like bitcoin. Hopefully things change for the better on this coming halving because if it doesn't end well bitcoin might collapse, which will pretty much mean certain death for the cryptocurrency world.
I think this is proof that bitcoin is no longer a means of payment, or a currency. It's a digital asset.
If there is to be a currency, it will likely be an alt that is inflationary that people are happy to spend (like doge or steem).