...These facts change everything. To my mind, these facts mean that Bitcoin is a very safe asset to invest.
There are no safe assets to invest in. And the higher the return on an asset, the higher the risks. Therefore, the safest assets for investment have a yield of about 1% per annum. As for bitcoin, as we know, it has a high yield and, accordingly, it is a high-risk asset.
It is true that bitcoin has become more secure and trustworthy than it was years ago as institutions and governments are also gradually entering the market. However, investing is risky and you are right, the higher the return, the greater the risk. No asset or investment is both safe and can generate huge returns, and bitcoin is no exception.
Even assets that are thousands of years old and globally accepted such as gold are not completely safe. How can an asset that is only 16 years old, recently approved by the government, and not yet legalized globally...be considered very safe? Bitcoin remains the riskiest asset due to volatility, manipulation or regulations that can reverse at any time.