I'm afraid bitcoin will fail if the freedom tech aspect is obscured by most of the capital flowing into it is mediated through institutions offering said institution's most applicable fiat allocation in lieu of actually buying bitcoin. Yes, maybe bitcoin eats the bond market, but if it eats the bond market with bitcoin backed bonds, there will be little daylight between bitcoin and other centralized tokens of similar technical status supported by contractual obligations supplementing bitcoin's monetary policy.

I guess let's see.