at best this is not losing at this very moment
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I think the 24 hour wait is at least a sensible alternative. Anybody who's going to be seriously installing apps on their devices like this is probably going to be using Lineage OS or Graphene OS or /e/OS or something like that anyway. And in that case, they will be using AOSP and not be subject to this because they're not running a Google certified device.
While I'm not particularly happy about this change, I think it could be way worse.
Something tells me that Google drastically underestimated the amount of pushback they were going to get when they announced this. I mean, very drastically underestimated.
Nah, American companies cannot be relied upon by definition. Even if the people running one are fine (and many are), they are still based in what is essentially a pro-crime, pro-corruption jurisdiction.