The worst is that NGU made people ignore all the signs of failure over the years.

I think it's too late already. Bitcoin heavily relies on its presence on CEX to keep its fiat value (and narrative). Imagine a situation where BTC gets delisted from all CEX like Monero. What do you think would be its fair value based on economic activity?

Probably not even $150 as darknet markets moved on to Monero. Nobody wants that. So the show must go on just like the fiat show needs yo go on.