Bitcoin participants are overwhelmingly
first-world savers - Never saved anything but bitcoins, but sure
living in urban areas - Yes, but working on buying rural land
with moderate consumption patterns - I over and under consume, overall it could be called moderate on average, but its more... chaotic
adverse to holding and managing tangible assets - I like stuff...
and likely unwilling to deviate significantly from this even if they were to win the lottery. - I wouldn't change much, just have more things.
Are Bitcoin holders willing to go to China in order to spend their Bitcoins? To Africa? Are they willing to purchase all types of assets? Derivatives contracts? Government bonds? Corporate bonds? Real estate? Physical businesses?
Yeah sure, if its profitable to do those things then anyone would right? - If I could buy land in bitcoins that would make me sooooo happy.