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It is however the only crypto currency that matters and will remain so.

Or it will just die once users have to pay the real transaction costs and it becomes really obvious how expensive that system is.

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This. Bitcoin is currently paying transaction fees through inflation, but as the halving process continues, those fees will shift back into the marketplace in a less implicit way, as miners need to continue being paid.

https://blockchain.info/charts/cost-per-transaction-percent

Tech like this will never die, it will just become less used if that problem isn't solved, but there will always be some group of people willing to use it despite those charges due to the nature of decentralized cash transfers without a trusted party.

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