In my opinion BTC should have a role as cryptocurrencies' gold and therefore be a store of value primarily. Its' popularity as the mother of cryptocurrencies and its limited availability make it good for being so. I think we should leave bitcoin as it is and honour it for what immense new possibilities it has opened to the modern world.
When it comes to cryptocurrencies used for widespread daily use I think we will see some other currency making the race. That other currency could likely be backed up by bitcoin, but I do not think it will be Bitcoin itsself.
Yes it is possible.