Man, I haven’t put as much thought into this as you have so I’m not sure how to disagree with you other than to say that I think you’ve laid out a good example of how the legacy system might over take the crypto world, but a big part of this space is specifically aimed at disrupting that as well.
I don’t think this “Wild West” will be tamed in the same manner because the manner in which the resources can be obtained, managed, and protected are completely new.
I think BTC will be king until the alts really come into their own then we’ll see it retired to gold status with each surviving coin holding solid shares of their respective markets and tokens managing what those coins are doing.
BTC is definitely the foundation of that but only as a matter of being first out of the gate.
I’d need to roll this over a bit before I can go on as I feel I’ve kind of gotten a little off point or may be sliding that way.
RE: Crypto Competing On Technology Not On Monetary Policy.....YET!