How does any of this lead to Bitcoin if Monero gets LN capability post FCMP++ upgrade? If at all, I want a stateless network on top of a private store of wealth.

IMHO, Monero lacks some key features that make it a viable long term Store of Value, at least in comparison to Bitcoin. Lack of widespread acceptance, decentration, and frequent hard forks introduce significant risks to its SoV status, specifically when it comes to geopolitical risks and long term nation state adoption. Arguably even Bitcoin has risks of developer corruption or capture, so to me, Monero is at even greater risk here.