I get the concern.

Given the opportunity for control, the government will do everything it can to co-opt bitcoin.

I just don't see how it would be able to without working against their self-interests.

If they start screwing with our ability to self-custody, wouldn't it lead to loss in value of the very asset they need to stay valuable?

If we can't maintain our autonomy, I'd rather burn it all to the ground than to just give it to tradfi.

Just my two sats.