Yes, some people will spread FUD for their own gain, while others simply dislike crypto and will do everything they can to create more FUD. On the other hand, those who truly understand Bitcoin will hold strong and not be shaken.
your government has a strategic Bitcoin reserve, could it then simply "die"?
That's an interesting perspective. I agree that liquidity isn't the biggest shift if governments and large corporations treat Bitcoin as a strategic reserve, it naturally becomes harder for the average person's to believe the 'Bitcoin is dead' headlines that used to dominate every bear market.
Is Bitcoin now "too big to die"? Could this accelerate the volatility reduction we're already witnessing, and finally pave the road to make it a more stable and "solid" asset, and a true gold competitor?
I think "too big to die" is a fair way to frame it. Even if volatility continues for a while, the psychological floor feels stronger because now Bitcoin embedded in balance sheets and, potentially, state level reserves. That kind of legitimacy could be what finally reduces the extreme boom and bust cycles over time.