if you say bitcoin has lost its purpose I don't think so, because we can see bitcoin is money in digital, which we can use to buy our needs, such as cars and other valuables, because the function of bitcoin is actually very much and the selling value is so high, that's why many people save bitcoins as assets, and invest. some people don't spend their bitcoins, because there are still many countries that don't want to accept payments in bitcoin..
after all, if there is a better function why should you regret other functions that have not fully worked? after all, the problem is only because of regulation, so the function of bitcoin as a means of payment cannot be maximized. but as time went on, adoption continued to grow, some big companies started making discourses for alternative payments using bitcoin or crypto. if this is really realized then it will be even better for the development of crypto.
After all, everyone has different tendencies, some choose crypto as an investment tool, trading commodity, and a means of payment.