What Satoshi described is now better represented through XMR or even BCH.

Bitcoin's value proposition is not e-cash but a digital store of value. It doesn't need to serve the 99%. It just needs to keep the 1% away from controlling the money supply for everybody else.

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Partially disagree. Bitcoin will lose the function of store of value if it loses the function of being spendable as cash. If it's not easily transferrable then you cannot extract from it the value that you put into it.

BTC will always enable up to 700k tx a day.

That is more than enough for those who need it and are willing to pay the fees.

For everything else you are better off using Monero or L2.