Well, dynamite and machinegun were meant to end all wars. How things turn ut is not up to the original creator.

I mean the price is still incredibly volatile compared to say gold, silver, Government bonds etc.

I don't get how it can be a good long term store of value with that level of volatility?

The marketing pivoted to "long term value" and all the BTC-hypers started acting like it was a huge success thanks to moving the goalposts.