We could add the AI threat, and everybody will be fine...

You should look at the Cantillon Effect, being close to the Fed is a very effective way to get the result you want.

Lightning (L2 of Bitcoin) is the solution: https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fwww.lopp.net%2Flightning...
The Lightning Network is being developed as a means of making bitcoin payments faster, cheaper, and more private. It's still experimental and reckless to use for large amounts of money. The goal of this page is to provide an index of curated high quality educational resources and information about the network to make it easier to educate yourself.

Bitcoin is not a better paypal. Bitcoin is a competitor to Gold and Central Banks.

Bad money is always spent first (Gresham's law), you can't assume a new monetary medium will be MoE first. The best money will always be SoV first, and the MoE will happen later once the bad money is refused.

https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fwww.fidelitydigitalass...
Response: Bitcoin’s volatility is a trade-off it makes for perfect supply inelasticity and an intervention-free market. However, with greater adoption of bitcoin and the development of derivatives and investment products, bitcoin’s volatility may continue to decrease, as it has historically...

You wrote some bad arguments from 5 years ago. Already debunked: https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fwww.fidelitydigitalass...