Git's issue is not that DVCS is bad. Its just that P4 workflows work better for binaries.

Git LFS is tacked on, Git's locking support is crap, the culture of git is not to build helper plugins like P4 so no one does it.

Distributing P4 to multiple offices is a pain in the ass and it really does need a lot of hardware to keep things going.

Maybe Epic's Lore will shake things up and we get the workflow in a nicer backend. Still, sane defaults and control is also something wanted so, to your points, Lore is not a DVCS