Yo,Wright
I've never messed with Nitro and/or Alcohol ('cept beer,etc.)..but my LIMITED understanding of the stuff starts with the whole idea that it's OXGEN burning/exploding that gives the POWER you want..and "fuel" is just the catalyst.
Nitro,in addition to being denser,etc, has a larger % of oxygen in it than other fuels..making it that much more volatile/explosive..and alcohol is added/combined to it due to it's higher octane rating to INCREASE combustion LAG and REDUCE volatility,as needed,as well as to "thin-it-out" so to speak..noting that "gas" does'nt mix very well with the stuff.
As for starting an engine that runs on pure alcohol...that's - as I'm sure YOU'RE aware - why you see them squirting/injecting stuff like either into the intake while cranking it over..
Can't help any with the question of ethanol as it relates to un-naturally aspertated Turbo and/or Supercharged engines...'cept to point out the obvious need for higher octane fuel,as a rule...and,ethanol laced fuel being the only readily avail. at the pumps these days..same as for any naturally asperated higher CR engine..take or leave, unless you wanna play with your chemistry set

I guess !?!
Now,as for "the industry" NOT making a buck off the "misunderstanding" ???
Uhh,why do you suppose they INVE$T in ADVERTI$ING to SELL you on high-octane for WHATEVER you're driving/riding ???
Ever see a comercial telling you to put low-octane in your tank, for better results ???
Hmmm..higher priced fuel that gives you less mileage..and finds you coming back for it more often..

..sounds like a "cash-cow"
to Meeee !!!