I like this take.
If BTC is the superior option, which I think it is, we should be happy that more and more people who for XYZ reasons are not willing to invest in it yet, at least can invest in the adjacent casino. Some of that cash will eventually find the way to BTC. Doesn't matter if it's a lot or a little. It's a net positive for BTC. Chaos favors the best option, regulation and order kills it.