Bitcoin does exactly what I need it to do. I can store value while retaining the ultimate control over the asset, and I can transfer value to anyone, across any arbitrary border, without requiring the help of a middleman or permission of an authority.
It will only fail you if you had unrealistic expectations from the start.
BitPay had signed up 10,000 merchants with the expectation (probably unreasonable) that people would transact with bitcoin for things other than store of value.
Now that Holiday is satisfied with his 'store of value' use, let's just throw away all other anticipated uses.
Fuck.