Bitcoin can be used however anyone holding custody of it chooses and ETFs and similar US institutional custodians of Bitcoin do not use it to enable P2P payments- they expressly prevent that portion of the protocol being used for P2P.

They have done this in addition to governmens almost universally imposing tax requirements that make use of Bitcoin for MoE effectively impractical except for most people who want to remain within the law.

Banks have also threatened businesses who accept Bitcoin with debanking and KYCed the vast majority of holders. Even citizens buying Bitcoin are sometimes debanked. There is no appeal to such sanctions - the banks own your government.

All this combined has resulted in Bitcoin now being almost exclusively held as a speculative commodity and very rarely used as a MoE.

I hope these multiple obstructions to Bitcoinss use as a MoE can be overcome but I see very little recognition of the size, scale and reality of the problem by the Bitcoin community and so am not sure they will be. Most Bitcoiners present as if they just want more Hopium, FOMO and NGU - to add to their speculative commodity gains.

When raising these concerns it is common to be labelled a bot or statist or other derogatory terms - somehow the respondents thinking they can ostracise me and the points I raise ~ because they do not want to confront or respond in a reasoned manner to the points I raise but instead would rather chase me out of the village yelling names - they I say are trolls the traitors to the ethos and intent of Bitcoin...

BTW to answer to your idea of a fork solving the problem, it is possible but not a probable solution as the value is held in the primary blockchain and that is where the institutions are buying in to. They know that the creation of Bitcoin is probably a one off event and to build the critical mass that it has is not something easily replicated- others have tried already forking off the core protocol and failed as have the many thousands of shitcoins. The perception and use of Bitcoin by most Bitcoiners is already that it is a speculative commodity, not a P2P payments protocol- the fiat powers have already all but captured and controlled the narrative and thus the protocol. A few farmers markets and 3rd world stall holders will not worry them greatly as long as they hold the majority narrative and prevent Bitcoin becoming a real and actual widespread alternative to their fiat MoE hegemony.