Bitcoin has not failed. It is basically the biggest computational experiment to ever exist. It's still in alpha/beta and still very young, all cryptos are.
I know it is the biggest experiment, but it has indeed failed. How do you tackle the problem of hoarders?
Everyone whom i told about bitcoin said why should he buy a bitcoin at astronomical rates and make early adopters even more rich. Satoshi failed to have a fair distribution model or is it that he is himself hoarding several thousands.