Navigating your mind about this does look like that, where not a little old money in America says Bitcoin Scam
The enemy is not no-coiners. I don't care about a bunch of fools who don't understand basic economics. My concern goes to the money masters of America. Those people have historically used everything in their disposal to keep the world under a fiat standard, and now out of nowhere, the president promises the people bitcoin, a currency that completely undermines the purpose of fiat currency across the world. Something just doesn't add up.
I would think that there is going to be an attempt to harness and control bitcoin, but that does not mean that the attempt is going to be successful. Surely, the more and more that bitcoin is held in the hands of BIGGER institutions, then there may be attempts to make self-custody illegal and/or very difficult... but that does not mean that they are going to be successful in that, either.
I agree with your insinuation that the battle is not over, and it is likely going to take a long time to play out, including ups and downs along the way and ongoing casualties.
If you have read how the statement that the IMF gave to El-Salvador, they strongly said that if El-Salvador wants to get a loan from them then Nayib Bukele must limit the use of bitcoin in his country as one of the conditions to borrow money from them.
This may be a special concern again regarding the policy of what Trump proposes about Bitcoin as a US strategic reserve asset.
Okay, what possibilities will be conveyed when this policy is deliberately not agreed upon “I have proposed Bitcoin but the results of congress are deliberately manipulated (instead of fulfilling his promises)” the rest of the time he is hands off with what he has said during his campaign.