Bitcoin remains volatile, but also valuable (~$0.3T). There is now a global network of miners and it is possible to transact in BTC at any moment of the day with anyone else who also has a wallet.
The speculative bubble surely exists, and plenty of people will lose their shirts in this deflagration, but Satoshi's idea will live on in some form for the foreseeable future.
(Requisite disclaimer: I have held BTC for long periods in the past but no longer. The market and overall direction of the sector is too difficult to predict.)
Distributed? Check.
Neutral-to-deflationary? Mostly true.
Store of value? That hasn't held up so well over the last three months.
Medium of exchange? In theory, it is, but in practice, it is almost never used that way.