I’m not sure if adoption "doesn’t matter" in the grand scheme of things, but it certainly doesn’t seem to be as straightforward as we might have hoped. Bitcoin could end up more as a store of value or a speculative asset, with limited practical application for daily transactions, especially in places where traditional financial infrastructure already works well enough.

Ultimately, the broader question may be whether Bitcoin’s value proposition as a store of value or hedge against inflation outweighs the issues it faces in terms of practical adoption for everyday transactions. Perhaps, for Bitcoin to truly fulfill its original vision, it needs to tackle its scalability issues, improve usability for everyday consumers, and address the environmental impact — but those are big hurdles to clear.