Bitcoin loses trust if the developers move away from Satoshi's vision and try to haphazardly bolt on every new shiny object.

Thanks for the link to the developers' thread. It looks like they are giving serious consideration to how to address this issue. The solution is not an easy one, because they have already introduced "security regression", as one developer put it, into the network.

It is naive to think this will go away. If we wait on this issue and the value of Bitcoin is reduced to where people no longer have trust/buy it, the system could collapse as mining becomes unprofitable. We could have a Terra/Luna feedback death cycle.

At the mining concerns, the price of Bitcoin will continue to increase to support the miners - as long as their is value in the system. That value is destroyed if the transaction system is no longer valid. That is a short-sighted view. What will the miners have to mine if their ASIC hardware is no longer worth anything?

Rolling back Taproot is unlikely, but patching Bitcoin to remove the non peer-to-peer transactions needs to be deployed.