My point is that these people aren't necessarily buying bitcoin, in case they are brainwashed to believe they own some bitcoin for themselves, they are buying shares from the bitcoins that these institutions own and trusting them it to be in their possession which is in contrast with bitcoin core values, I am stressing the point that these people are going about their investment into bitcoin wrongly, more like they are not being their own bank and if anything happens to BlackRock or Fidelity Cold storages, their so called assets are gone and for me this is a bigger risk since their assets are safe as long as BlackRock and Fidelity keeps it safe.

I would like to see all these actors adopt Bitcoin a bit differently: not only as an asset that can protect their accumulated wealth, but also as a medium of exchange and a measure of value. And in the case of governments, as a tool for transparency and public oversight. The very first thing that fascinated me about Bitcoin was the idea that if governments collected taxes through the blockchain, everyone could track how those taxes were being spent.