Yea you need a currency to back the contracts and use. Sure you can do some neat things like decentralized governance, and stuff that isn't economics based, but really Bitcoin needs to be integrated not ditched.
Interesting thought. I think at the end of the day, truth is somewhere in the middle. Some have already bought in the 200s (I did), and many, many didn't. Well, some vs many many isn't exactly middle-ish, but you know what I mean ^^