It's a matter of philosophy I suppose and cuts both ways. If Bitcoin is truly free to do with as you please, then it's only natural that most people find its liquidity and volatility attractive to speculate on. Was true a decade ago, true today, just in multiple volumes and instances. Practically, it's the price of adoption, of recognition. Besides, if the network is as strong as many of us believe in it, then this undermining only affects it short term. When bears happen, speculators get purged, presumably, and the ones remaining are using it as they always have. If speculation results in ultimate demise, then the proof of concept for Bitcoin is... disproved.
P.S. Hope you stick around, you gotta "earn" that right to not be called out as a newbie

Volatility becomes less and less of a factor, imo, because BTC's cap only goes up, and institutions stick to it like to honey.
I agree that it's truly something of a price for BTC to become more mainstream, and much faster than without these institutions.