Bitcoin is being hijacked and there is nothing anyone can do about it
Who cares? Unless you are one of the folks with unrealistic wealth that get enjoyment from a pissing contest. Like Musk vs Zuck
As per large institutions, well why not slowly build relationships with government influencers in preparation for a future bailout just in case bitcoin becomes too big to fail.
As a little dog having to survive in a dog eat dog world, I like to live off the pieces that fall off the big dogs. Or, maybe live from the treats of the Big Whales on Hive.
Every system has flaws and incipient problems. Including banking systems and having US$ as the leading indicator and valuator of most things relating to growing money.
If bitcoin was following it's original intent we would care less what the current price is or will be. But, as you say, there is a hijacking happening but that is not new. Look how big Google got from playing and wanting to control internet traffic.
Thanks again for the share and warning about the big fish in the ocean. It is another reminder to live off sardines and not whales. !lol