That is a common argument that the society will bolt into a minority hash power (or minority stake) chain with the majority of users. However the problem with that in the context of all published designs I've seen, is that we all know well that the users tend to continue using (preoccupied, irrelevant to their priorities, etc) what they use and those tend to be controlled by the same vulture capitalists who will centralized the mining, e.g. Coinbase. Blockchain.com (see below), etc.. However you have identified conceptually what my design in effect technically accomplishes.

Do not trust any vulture capital endeavors. They are all beholden to the capitalist network that enslaves the world. That is for programmers whose priorities are to get rich on some fat compensation with stock options and not on changing the world. You'll find nearly no programmers of my talent and capabilities who are willing to work with no guarantees and only $2000 monthly (self-funded for the past 2 decades up until this month) in survival goods expenses. Believe me, I've tried to find them and failed.

Maxwell's Blockstream (whether he realizes it or not) is probably just another Hegelian dialectic gambit by the powers-that-be, where there is a good and bad car salesman (at the same dealer), so the good one looks less worse than the bad one and fools you into a horrible deal.