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Lol. The institutionalization of BTC is one of the reasons I’m so reluctant to just flat out agree with you. Your logic makes sense but that one point I think is key to this space in particular.
I think historically people would rather live in tribes but institutions have made that impossible in the physical world. This realm doesn’t have to bend to those forces in the same way if at all so I think the human spirit has a new place to revitalize and set a new paths for the future and communities will be the driving force going forward. Thus having multiple currencies, at least for the beginning, seems likely to me.
RE: Crypto Competing On Technology Not On Monetary Policy.....YET!