What happens if we find that there isn’t as much demand for information and “tech” as fiat has conjured over the last several decades. Instead physical assets and local communities (in person) are the real beneficiaries of a bitcoin.

Fiat tech is “profitable” with stupid high PE ratios and that is with the current advertising monetization model. If that goes away, what is the moat on tech, specifically application/clients? When information is inherently free, the value someone is willing to pay for that information is nothing. And the tech user experience is clearly worse (and worse for us) than the real world experience.