This is extremely bad for the entire crypto world. Bitcoin is always what the news talk about and this high transaction fees are lowering the credibility of all the currencies. While the price and network clogging of Bitcoin keeps increasing thanks to outstanding new media coverage, the loss of what made Bitcoin incredibly useful, namely decentralization and low fees, will be very hard to compensate for. A lot of services that accepted Bitcoin as payment in the past are dismissing this possibility and it is more unlikely than before that they will gain again trust in the crypto economy after they failed with using Bitcoin, nowadays relegated to mere speculation. I still try to keep the optimism with Steem breaking new records but overall it's hard since the future of crypto as intented with their original purpose doesn't seem so bright...