Not exactly doom scenario but what I'm seeing now:

• no uptake/growth (thus, no marginal buyer; everyone who will ever be here is already here)
• the smartest and loudest minds spend their time
  a) financializing bitcoin
  b) abstracting away keys (=custody setups)
  c) fight on Twitter and node settings about largely inconsequential concerns.

I'm not sure how it devolved, or how much worse it could be.