Good post but I think you are concentrating too much in the way things work now, if you look at the past you will see that the asset which was selected as a form of money was the one that had the best characteristics, this is why in ancient times gold and silver were chosen by many independent cultures as their form of money, but this has been distorted in recent times, bitcoin is just a way to try to go back to those times in which the superior asset became dominant.
Totally agreed. I've written many times about natural vs. chemical drugs. The US government (FDA) has known that cannibis (marijuana) is a harmless pain killer, but is only now slowly rolling back the bans against it, after popular demand has become irresistible. The drug lobby and politicians prefer us to use chemicals with side effects and addiction issues, because those give them wealth and power. (Politicians and regulators need to step in and 'protect' the public, and that effectively gives them a share of the profits.)
It's the same with money.