I respectfully disagree with your opening statement.

It contradicts itself.

If there's not enough demand for fiat/currency which is censorship money - BTC should WIN. Not fail.

Either fiat fails/BTC wins or fiat wins/BTC fails.

When I see Blackrock moving into BTC, and the pet rock guru offering BTC custody and USD debasing - those are signals to DCA BTC/ stack sats.

BTC and crypto is still a fraction, compared to global fiat currencies - and you are right - there is not enough BTC adoption yet.

1. People have to undergo a huge mindset. They are dependent on banks. They trust the banks. They believe they own their money in the banks.

Until they get debanked. Like the Canadian Convoy. Nigel Farage. There's a lot more of that yet to come. People need to feel the pain, before they realize there is an alternative .

2. The media shuts down anything that threatens fiat currency. They explain the merits of BTC as funny money and its only used for illegal activities.

3. The laws have changed fast, to slow down adoption, to create gatekeeping mechanisms, to attack BTC -like the Elizabeth Warrender chokepoint operation.

4. Then the government electronic hardware/software/database backdoor exploits, the hackers and scammers designed to steal BTC from exchanges, crypto wallets and any electronic devices holding BTC.

5. Under Gary Gensler previous SEC Chairman, - BTC, crypto, exchanges, wallet developers etc were getting pummeled left, right and centre, designed to slow down or stop BTC adoption.

6. There are many more examples of why BTC has suffered from slow adoption - but it continues to march up and to the right. It grows. Slowly.......and then all of a sudden....

The 5 stages of grief are still being played out.

Have patience.