I’ve read that from start to finish and it all seems a lot like hopes and prayers. I don’t see any convincing evidence that Bitcoin will continue to hold its position , and the overall assumption all over that essay is that Bitcoin is “prime real estate”.

It’s possible but I don’t see it. I’d say it’s an open question.

Here is Justin Bons thread on the governance model of Bitcoin, which I also consider broken

https://mobile.twitter.com/Justin_Bons/status/15994477745837...

Just leaving this here for reference for others as I don’t think I’ll sway you either way