Forgot to add:

Don't take it badly, but your argument is identical to the argument of the gold bugs. They are very sure of their thesis, but there is also an element of "these BTC people are taking liquidity away from My Precioussss!" behind their obsession against BTC that is just not right.

The Printer goes BRRRR badly enough that there is enough market cap for everybody. Just let the market sort it out. No need to quarrel.