The entire debate of SOV ($BTC) vs. utility ($ETH) #cryptocurrencies relies on the assumption that utility coins can't also be SOV/neo-gold.
But of course--they can!
- Fixed supply/immutable monetary policy
A) it scores best among these FPs
B) it will always score best
C) other properties--such as utility and on-chain scaling--either don't matter or worse detract from these FPs
A -- These FPs are not binary so scoring them is complex. E.g., there's no consensus on how to measure decentralization.
There are many smart people on both sides of the debate. And this is further reflected by the market caps of the top neo-money ($BTC) and neo-programmable-money ($ETH) coins.