I read through your post, and you have a lot of good questions. However, I would make a distinction between digital currency in general, cryptocurrency in general, and Bitcoin. Digital currency can be controlled by pressing the "print more currency button". Cryptocurrency generally has a controlled supply (yes, some coins are infinite, but the process is governed by an algorithm, not by a "print more currency button"). Bitcoin itself has a limited supply (approximately 21 million coins) and the only way to "control" it is to command over 50% of the blockchain verification system.
Again, not trying to refute anything you've said, I just want to make those distinctions.
I read through your post, and you have a lot of good questions. However, I would make a distinction between digital currency in general, cryptocurrency in general, and Bitcoin. Digital currency can be controlled by pressing the "print more currency button". Cryptocurrency generally has a controlled supply (yes, some coins are infinite, but the process is governed by an algorithm, not by a "print more currency button"). Bitcoin itself has a limited supply (approximately 21 million coins) and the only way to "control" it is to command over 50% of the blockchain verification system.
Again, not trying to refute anything you've said, I just want to make those distinctions.