problem #2 - adaptation to the needs of the complex system like modern society
those are kind of ‘significant’ problems, technologies like Internet, blockchain etc, provide sequential approximations to the solution of those problems.
Just to feel SWIFT in some Europian countries: for $17 fee is about $72, and sometime it took about 2 weeks for confirmation maybe because of weekend days... plus all those warnings about the purpose etc... absolutely not user friendly input fields... BTC is simply manna of heaven comparing with that
buying bitcoins, you may want to hedge your risks using futures or options derivatives (i.e. to use your bought bitcoins to get corresponding derivative contracts). There is a handful of exchanges for that (bitmex, deribit and maybe some more). if your lose in crypto you will get compensation in derivatives and vice versa. though this would require some knowledge (not the rocket science of course), there are invest firms that can help
well, also gold is yellow and shiny, not like bitcoin. the author is somewhere in the middle between abstractions and direct analogies. of course "intrinsic value" has no math definition. so one can manipulate words around it and bitcoin and gold etc
perhaps, the uprise of derivatives like LedgerX, Deribit as well as the recent CME decision will increase market efficiency and help us better to understand the underlying bitcoin market
"Idiocracy"(2006) scenario :-)