Rock Solid Article; here are three more to add to your list of why Bitcoin could fail.

Central Bank Digital Currency (CBDC) will be what Governments will allow, in the long run-not Bitcoin or Stablecoin, Dogecoin, etc.

Being built by the Nation States now, Quantum Computing will hack the Sliding Window Encryption Algorithm sooner than people think. These Nation States they have the motivation and resources as they starve their people.

Taxes on capital gain (short term) and how/who will "report" these gains to the IRS. This will make those accepting any speculative crypto not latched to the dollar (fiat) lose their minds. There is a reason why the IRS requires employers to maintain payroll taxes; people wouldn't report or pay them otherwise. Business is going to be held responsible for the DELTA between the basis of the "coin" that the speculator bought in and when they choose to use it as currency. As for crypto, this is when the trigger of the capital gains tax occurs; how the hell will anyone manage that.

Added 8/11: Yesterday, there was a massive 600 million USD hack. Check it out on Wired. So as the Quants figure it out in China, say goodbye to your investment. YES, Quantum will eventually be the solution, but that will be AFTER the event, IMHO.