Many bitcoiners think establishment powers are now in the "and then they join you" phase of the struggle.

I don't. I think they're more entering the earlier "and then they fight you" phase.

Or more specifically, they are happy to join in on the price exposure side (i.e. ETFs), but they are fighting against privacy (especially) and self-custody (to some extent). The struggle for financial privacy, custody, and overall self-autonomy is just heating up.

The gradual shift of critics from "bitcoin is a useless speculative asset with no intrinsic value" to "bitcoin is so powerful that direct usage of it must be curtailed" can be dangerous.

I own a musket for home defense, since that's what the founding fathers intended.

Four ruffians break into my house.

"What the devil?" I exclaim as I grab my powdered wig and Kentucky rifle.

Blow a golf ball sized hole through the first man, he's dead on the spot. Draw my pistol on the second man, miss him entirely because it's smoothbore and it nails the neighbor's dog.

I have to resort to the cannon mounted at the top of the stairs loaded with grape shot, "Tally ho lads!" the grape shot shreds two men in the blast, the sound and shrapnel set off car alarms.

Fix bayonet and charge the last terrified rapscallion. He bleeds out in front of frantic paramedics since triangular bayonet wounds are impossible to stitch up.

Just as the founding fathers intended.