"ALL monetary value is entirely artificial" Be that as it may, FIAT currency is controlled by a private entity, that "owns" the central bank, the main reason gold was adopted instead of silver (or iron or whatnot) is that silver has more everyday utility (conductivity, anti-septic) than gold and the discovery of huge silver reserves in the new world (which would introduce unstable inflation), the other "only" reasons you mentioned are precisely why gold is (was?) ideal. Bitcoin is "owned" by the two mining pools that manage over 50% of the blockchain transactions, as they can disrupt the system at their will (why would they do it? Because shorting Bitcoin is now, can be, viable). Delegated Proof of Stake is the "most decentralized" system of any blockchain we have today. I just wanted to add information, not to argue with your post, the bold AND italic words prove your wisdom. BTW the Quint will be actually redeemable for gold and silver.
Cheers!
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