Bitcoin remains hard to use, mining continues to be environmentally damaging to a very large extent while it also becomes more centralized and scalability remains an issue. This price boom changes nothing in terms of fundamentals. Bitcoin's price went up mostly due to external factors but that doesn't solve the issues related to adoption.
Maybe though in the end, adoption doesn't matter? What are your thoughts?
If you ask me, I did say bitcoin has been adopted, but maybe it's kind of adoption is not the type you did have preferred, but all the same, adoption is still adoption if you ask me.
Many may not have choosen bitcoin as a means or currency for day to day or peer to peer transactions as initially designed by Satoshi, but several hundreds of thousands or even millions of people around the world have choosen bitcoin as an investment asset, or good asset worthy of investing heavily on rather, this is still adoption in my candid opinion, for in the past, alot of people have created different internet currencies that never saw the light of that day, some did try, but never made it to even half of quarter of what bitcoin have achieved today.
So, let's appreciate how far bitcoin has come, it may not have achieved being the currency for every day transaction for many people, but it has sure achieved the title of Digital gold.