~snip~
OK, so the Giga-Chads have already opened a debate about the issue.
There's also another shower thought that I brought up before. What if the banksters and institutions like BlackRock hold more than 50% of the Bitcoin in circulation, and increasing. Could be say that Bitcoin as a currency has failed?
Bitcoin will always remain available to ordinary people even in the event that someone owns 50% or more coins, and that means that the idea on which Satoshi designed the whole thing will still exist. As for the question of whether Bitcoin has failed as a currency, it's highly debatable, but I believe we can agree that most people don't perceive it that way.
It remains to be seen what effects the possible spot BTC ETF will produce (short-term or long-term), but I personally hope that there will always be a certain percentage of people who will follow Satoshi's vision and will not deviate from the basic ideas - which means that Bitcoin will always represent what it represents today.