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RE: (VIDEO) Is Bitcoin a Bubble? 3 Reasons Why Bitcoin is NOT a Bubble
Real bubbles are pretty rare, especially with a global market. I think bitcoin is going to die off or change a lot in the next decade, but cryptocurrencies have a market value of tens of trillions of dollars, I have no idea what the upper value of blockchain in general could possibly be. Its certainly going to change the world, will probably end up taking down entire governments. In a round about way, blockchain with automation may end up fufilling Marxs dream of a flat heirarchy.
I agree with everything you said except that Bitcoin will die off.
I'm not entirely convinced of that yet because, while Bitcoin has it's issues with scalability and transactional efficiency (and it needs to be able to adapt to the massive global adoption that has already started), there are hundreds of the best developers in the world who are constantly working on Bitcoin Core.
Hence, I think it will always have a place in the market, but to your point, it may get overtaken by a better alt coin one day.