[jebeng]

> Bitcoin was supposed to be an improvement upon existing payment methods

Where are you getting that from? People noted as early as 2009/2010(Hal Finney particularly) that it was inherently inefficient for that purpose. And that perhaps people would build addition layers on top of it, but it was always clear that it wasn't some magic solution to payments at any reasonable scale.

Not to mention the value proposition of credit cards for consumers(cash back, fraud protection, various perks like travel insurance ect) has always been obviously superior.

Bitcoin is cool/interesting/potentially part of a well balanced portfolio as an investment with unique properties. But I feel anyone who jumped into Bitcoin because they thought it was going to be great at payments was badly mislead.