The problem is the speed of their transactions :( I do not believe it will be acceptable. Steem, Bitshares and soon to be EOS have much faster transaction speeds and therefor a much better chance to be accepted by the masses. Bitcoin's advantage is that much more people in the world know about Bitcoin.
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True... because of Bitcoin, they will learn about other crypto's. Bitcoin can replace Gold as it has store value and all other crypto like Steem, Bitshares.. etc will support micro transactions at lightning fast speed.
100% I do believe that there will be many crypto's that will be adopted by the masses. Different strokes for different folks :)