I won't disagree completely, but at the end bitcoin is just another asset that will be impacted by financial instruments and macro.
Sometimes I see bitcoin podcasters saying it let us opt-ed out of fiat system, which is impossible to ever happen.
I don't see bitcoin can ever get rid of volatility, and that means nations/firms will always have a hedge/tool for arbitrage. Saylors and miners are all leveraged players, these types of play will only get larger with adoption imo.