A common mistake is to think that the system is accepting Bitcoin because it is better than the fiat system.

Wrong.

The only thing the system wants and is successfully trying to do is to control Bitcoin and render it harmless.

But this was inevitable; we knew it would happen if Bitcoin became too big.

The good news is that it is very easy to combat this; we simply need to create circular economies parallel to the state.

The bad news is that humanity is stupid.