When you take into account the aggregate shape of human nature, I’d say so. Most people won’t go from zero straight to self custody. They’ll go through fiat products first. This is also why I find the two-layered thinking frame helpful. (the purist’s lens and the practical lens) Fiat and bitcoin will coexist in messy ways that are unsatisfying to the purist for quite some time - AND they cannot coexist indefinitely as a steady state.