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RE: How the SEC ETF decision is a great example of how bitcoin creates value
I think Bitcoin has a government just like the US government, but it's far worse at making decisions.
In case some were misinformed about the fairy tales of Bitcoin's lack of governance... the bitcoin government which supposedly does not exist, met in New York and made an agreement: https://en.bitcoin.it/wiki/New_York_Agreement
Bitcoin's government is a corporate oligarch comprised of about 20 to 50 companies worldwide that ultimately make the decisions for Bitcoin's operation. The oligarchs don't always agree, yet this is Bitcoin's government.
I prefer Steem-like governance moreso where we vote on witnesses. While there may be some flaws with what we're going here too, it's more transparent as to how our government exists.
Interesting perspective on the decentralization of blockchains. I don't quite agree with your aspect on the bitcoin aspect, i think its a bit more complex than that.