Yes and it's also getting slowly co-opted by the elites which has questionable intentions.
Hard to distinguish between an elite investing in bitcoin just for profit, or actually buying it up to "quell the rebellion". It remains to be seen.
That being said, Bitcoin is very inefficient and it's full of holes, both technical and conceptual. Lack of privacy is one, big TX fees is other, the quantum vulnerability is just the tip of the iceberg.