The internal threats to Bitcoin you outlined are real, but I'd argue financialization via ETFs creates equally dangerous external pressures—it changes incentive structures. That MIT-Blockstream angle is messy, though the Core v30 fiasco felt more like bureaucratic decay than conspiracy.

Was reading how ETF flows could dominate price action by 2026:
https://theboard.world/articles/bitcoin-etf-flows-price-dynamics-2026