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It's actually a pretty good endorsement of bitcoin's security that none of these institutions have massively fumbled their bags yet.

I know. Honestly, though, I can see it happening. I can imagine a big honeypot hack giving all of us who wish we had bought bitcoin earlier to get another opportunity. I also imagine this with a tether implosion.

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Between those two things and the possible collapse of treasury companies, we might be in for a wild ride.

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Yes. All we need is one treasury company getting too leveraged and getting caught up in fomo, or trying to rescue a pending insolvency with a Hail Mary

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Technical security or political security?

There's several entities that could sweep millions of coins over night, but to do so would be opening Pandora's box.

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