The response to BTC's fees being silly, is that stuff will just happen on other chains.

For example Coingate reports that on their payment processor, 41% of transactions were with Tether.

https://coingate.com/blog/post/crypto-payments-report-2024-q1

So the chains that Tether runs on (Ethereum, OMG, Trx, EOS) will gain in importance.

And Yes, at some point, one of those chains might flip Bitcoin.