I don't think Bitcoin is fine. We are now 100% certain that miners define what Bitcoin is. Miners are low time preference profit driven companies controlled and regulated by the big government. (currently with small exceptions like the based Roughnecks) Thus, they will choose the decisions of Saylor and BlackRock ETFs with higher probability. Saylor and BlackRock do not own all the funds, the funds belong to their investors but it seems their investros are fiat driven maxis. Saylor and BlackRock assume that economic power and dictate rules. I think that is fiat capture.