I held off responding hoping others would reply to the thread.
You make a lot of excellent points. I wish I had something to contribute but not so much.
If I was to apply an economic model to this discussion, I would aim for a type of thermoeconomic context. I believe that's the future and the best model to use.
But to be honest, I'm an amateur when it comes to economics/markets/trading & I've been severely slacking off for a long time now.
To the point of economics/markets/trading, look at the practical use-case of Bitcoin; a global store of value asset that may be transmitted via a communications channel.
To illustrate how global, I asked which country people were from in this small forum, of those who spoke out, in two days the following tally;
9 responded from Phillippines
5 responded from Indonesia
3 responded from India
2 responded from USA
1 from Ukraine
1 from Bangladesh
1 from East Timor
the above was a count of posters from here:
https://bitcointalk.org/index.php?topic=1853019.0