I understand your frustration, but I see what you call a ‘pyramid scheme’ in a completely different light.
Bitcoin certainly started out as ‘digital cash’, and the excitement was great at the time. But things have changed over time. Now Bitcoin is not just seen as a transaction tool, but as a digital property or digital gold. Why? The future of the economy and finance is now shifting towards risk hedging, privacy and sovereign wealth.
And just because it’s “store and hope” doesn’t mean it’s a scam. Where the global fiat system is held hostage by inflation and monetary policy, Bitcoin offers a decentralized alternative — where supply is limited, control is non-existent, and the protocol is trustless.
You say usage has declined? Layer 2 solutions like the Lightning Network, the development of BTC payment gateways, and remittances or venual transactions in developing countries these are where Bitcoin’s real utility is still there, and is growing.
So I would say that right now Bitcoin is in pause mode of the “money revolution,” not dead. Perhaps this transformation will make it more permanent and influential.