Maybe I’m too much of an optimist, but I have a slightly more hopeful outlook.

Everything is about trade-offs, but between having a bank account where you don’t control your own money and your balance is “private” to others but public to the bank and any interested financial institutions, and having Bitcoin in cold storage which has a high probability of being associated with your name but cannot be proven to be yours and cannot be taken from you unless you give in to a physical attack, Bitcoin is already a big improvement.

Most people who understand Bitcoin and how it works like Bitcoin and want to support it, and most criminals still don’t understand Bitcoin. Traditionally, large scale robberies and wealth confiscations are done by governments attacking central points of failure, or honeypots like banks or exchanges.

I see it as unlikely that there is ever an organized attempt to shake down plebs, because it would already be far too unpopular and difficult, and Bitcoiners are the most likely group to defend themselves from attack.