What's the monetary premium of each of these? In other terms, which percentage of these assets is only valued as investment rather than its primary value of having it?

Gold has industrial use but 99% got dug out of the ground to put it back in the ground. Jewelry still holds considerable monetary premium, too.

Art is difficult. Especially with the NFT frenzy but also with classic art, much of it is just money laundering but let's be generous and attribute only 50% to not being about actually possessing the specific works of art.

Equities is difficult. Much of the "real value" of equities is actually in their real estate, so equities are in part a derivative of real estate or other assets. A company that has a billion in cash should be valued at least a billion, right? So what is the monetary premium here? Still 50%?

Real estate is a big one and I have no big confidence guessing its average monetary premium. What do you think? If people hold it for a generation, it's hard to argue it's just a store of value.

Bonds and money itself have a monetary premium of basically 100%.

And then, as others have mentioned there is other derivatives ...

So monetary premium is 500T. Bitcoin currently captures 0.2% of that.

Equities, real estate, bonds and money are always just one election away from being worthless. I think it's only a matter of time until people realize that self-custodied Bitcoin is different.