IMHO, the only thing that prevented a total takeover by Bitcoin was the block size limit. Many, including myself, simply stopped promoting Bitcoin to businesses

IMHO, the only thing that prevented a total takeover by Bitcoin was the block size limit. Many, including myself, simply stopped promoting Bitcoin to businesses, due to the limit, and all of the momentum ran out. I spoke personally to a start-up that had been working on a major service that would have boosted the Bitcoin ecosystem, that said the block size limit was the reason they were pivoting away from it, and at the time I was confident the community would push through a hard fork to raise the limit and told them so. When it became clear that wouldn't happen, it was a hugely demoralizing development. Major Bitcoin VC Roger Ver has experienced this as well: https://forum.bitcoin.com/bitcoin-discussion/block-size-discussion-between-erik-voorhees-and-roger-ver-t6016.html https://forum.bitcoin.com/bitcoin-discussion/block-size-disc... >I know of multiple large companies who specifically have decided NOT to integrate bitcoin at this time because their user base would overwhelm the the current Blockchain capacity. This has been termed the Fidelity Effect, after the decision by Fidelity to postpone a Bitcoin project due to the block size limit: https://youtu.be/TgjrS-BPWDQ?t=3h31m13s https://youtu.be/TgjrS-BPWDQ?t=3h31m13s