Unless this is widely adopted by normal people en masse it’s the opposite of a good thing.

Big banks and investment corps suck up the supply.

Couple of BTC whales and a few stragglers remain, but who cares?

Then BTC is effectively worthless. Same as if they physically hold all the gold.

So what you have 75 BTC in your little digital wallet? I’ve got 800,000 and I’m telling you I only accept US dollars.