Ok, let's forget Binance withdrawal fees. If I want to make transactions from the ledger, then the transaction has to arrive in 15 minutes. I am pretty sure if I want to ensure the time frame, then I have to spend similar fees, even from Ledger. So it's become hard to pay $17 transaction fees to make a $50 deposit. And by force, I had to use a virtual card that doesn't cost anything (I didn't notice any significant fees) and was an instant transaction as well. It made me believe that we are drifting away from Bitcoin's original goal in some way.
To some extent what you say is true. If the classical system is able to compete with Bitcoin in terms of transfer speed and fees, then Bitcoin will lose its position.
Bitcoin community is confident that this is periodic and it will pass, meaning that the situation is not permanent as has happened throughout the history of Bitcoin, and this is actually what is supposed to happen. Most of us still believe this, if my estimates are not wrong, given that this is not a new event.
Our assessment of things will not remain the same if the network continues as it is today.
The thing is that it is periodic, so it will pass but this will resurface again some time in the future, where we got a new generation of bitcoin enthusiasts complaining about bitcoin's slow transaction fees yet again. It has become annoying and depressing at this point honestly. It's like we don't have a say in bitcoin's future, and all that we can really do at this point is deal with all of bitcoin's shortcomings instead of complain about it to the devs until they find a solution.
I know the solution we're looking for that could solve this conundrum's a little major, as it would require an upgrade in the scalability features of bitcoin to help support a larger client base but at the same time, if we're looking at bitcoin and crypto in general as a long term industry and financial venture this is as great a time as any to actually integrate such solutions. We wait a little bit longer and we'll lose credibility and trust from those who waited for so long.
It is too early to talk about future generations resembling some sort of stability in Bitcoin's functionality. As you can see, this is subject to many variables at the present time, and in some crises, Fiat becomes closer to it in competition.
This does not detract from the value of Bitcoin, given that everything that happens is circumstantial and determined by multiple factors. There will never be any guarantee for future generations of what will happen to Bitcoin or anything else.
There is a state of anticipation in the community awaiting the next halving. Perhaps this is what people are most patient with now. Even all current development work will be more in-depth to solve more potential problems, which will ensure that Bitcoin achieves its purposes for which it was created efficiently.