Look at the Bitcoin whitepaper once more: a peer-to-peer electronic payment system indeed. Was Satoshi really envisioning a payment system so widespread that it became a preferred way of paying for goods and services? What's happening today? Bitcoin is now more of an investment than a payment tool. In fact, it's as if all the cryptocurrencies are businesses for their inventors, bar Satoshi—a means of becoming automatic millionaires rather than a peer-to-peer payment system. In fact, the quickest way to get rich these days seems to be by starting a crypto project.
Not even the guy that started Bitcoin Satoshi Vision is exempted.
Bitcoin, a peer-to-peer payment system? Nah... more of a decentralized speculative investment platform.
It is clearly because of the current attacks by ordinals that is why it is not as convenient to use Bitcoin as payment compared to it being used as an investment. High fees hurts our every transactions that is why Bitcoin developers must find an alternative way to drive fees down or else I can call it a failure of maintaining it's intended purpose of existence. I can also see negative effects of Bitcoin on this like investors will divert to Altcoins just to have a reasonable transaction fees.