Bitcoin mining is a pretty strong centralizing force as it is, but mostly if bitcoin is going to remain unable to handle a meaningful transaction capacity, like at least 10k+ tx/s, what's the point of it? "Store of value" status must be earned through widespread use in commerce and a long period of price stability; it can't just mimic the properties of gold and declare victory. The only crypto that could become a store of value will first be a significant player in global commerce as a medium of exchange. If bitcoin can't get its shit together, it will never be able to do that.