You are too quick to conclude that bitcoin is no longer usable. Then you can conclude like that, you get it from what basis can bitcoin not be used anymore, from the increased transaction price? You are wrong if you conclude that bitcoin cannot be used anymore, just because the transaction fees are expensive. You are too exaggerated in responding to this incident, you are too pessimistic and do not see this incident from all sides. Moreover, you mentioned that many people are switching to alternative coins. I don't think that makes sense, because investors who have invested in bitcoin will usually always be loyal to bitcoin. Because the reason is clear, that bitcoin is indeed the best than other altcoins. So it is less likely that bitcoin investors will switch to alternative coins. Even with the state of bitcoin as it is today.