This is true, but it doesn't mean the next attempt by the next guy won't fail. Looks at how quickly TikTok came onto the scene. The user engagement among young people seems much higher than IG stories. It honestly doesn't take much these days to shift millions of users onto something else.
If you are to talk land, fine, there is a limited amount of that. Same with gold or silver. In fact, it would be very difficult to find another element to replace these with. You can of course arbitrarily pick another item to use as a store of value, but you can't just invent it.
With crypto, its easy to make another one. And with the network, its also quite possible for mass adoption in a short amount of time. The US needs an army to defend its paper money. Bitcoin has nothing to defend its network as being the only/best one. All it can hope for is money to keep flowing into Bitcoin, but the day another competitor appears, Bitcoin will not have an avenue to ensure its dominance.
