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If I read the pertaining article correctly then the tps issue is solvable within the practical bounds of the internet, bitcoin development, home connections and bitcoin use cases. For proposals to solve this read: https://en.bitcoin.it/wiki/Scalability - I personally wouldn't consider this a show stopper. Are there specific reasons why you think it might?

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If I'm understanding that correctly, every node would experience peak traffic of around 50mbps, and constant traffic of at least 10mpbs. It's not clear to me what happens when you have nodes that lag (and that would certainly be a common occurrence at those levels of traffic).

Beyond that, I found their choice of reference level of traffic oddly low given the stated ambitions of most serious BTC proponents.

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