Thoughtful analysis as usual.
Your posts are a great addition to Hive’s debate on these issues.
Keep up the good work!

I think that the demise of BTC as the people’s money was a a bit exaggerated. Large Corporations own 6% of BTC at present. This will rise but it will also drive price rises so that even getting to 50% is far from certain.

BTC is certainly for big transactions only (Lightening Network is an unworkable disaster). But for buying a house, car or ticket to Mars BTC will still be used by individuals.

Also the internet earned by individual BTC holder is starting to become a meaningful source of income. Crypto.com, BlockFi, Nexo and DeFi platforms are all offering 6+%.