Yes but if we are honest 95% of the positive "feelings around Bitcoin" are for capital appreciation/speculation or at least a hedge against perceived government

Yes but if we are honest 95% of the positive "feelings around Bitcoin" are for capital appreciation/speculation or at least a hedge against perceived government fiat dilution which are not relevant in a stable-coin context. The remaining 5% who value a decentralized system outside of anyone's control won't come to a corporate Facebook led system. I don't think many anarchist types wake up thinking "man do I distrust Jamie Dimon but that Zuckerberg fellow is the bee's knees."