Thank you for your post I read the whole thing. Fortunately people were able to 'front run' wallstreet, before the etfs were formally approved and trading. And the funniest/most ironic thing is that there were a large cadre of traders who thought 'hey i'll buy the rumor and sell the news' and then did just that with the etf announcement. As if bitcoin is just some kind of tech stock, or some hyped biotech or chips company. What a joke. And then they sold (lol) after the etf announcement. Meanwhile the stackers keep stacking knowing what bitcoin could do for themselves, for their families and their communities.

In my opinion peer 2 peer, Tor/darknet use, for lawful purposes of course, and especially coinjoins are extremely extremely healthy for bitcoin. All the scammy tokens and jpegs that flooded the mempools late last year cannot survive contact with a coinjoin as they are completely non-fungible, they cannot be tracked through 'ordinal theory' (which is an old abandoned idea from 2012) and coinjoins are a great way of resetting and cleaning up the utxo set. 1 sat = 1 sat and all that.

Fungibility by and through coinjoins generally speaking is the heart of soul of bitcoin... and it's really important that element of bitcoin thrives despite any level of 'wallstreet' adoption.

In my opinion this is largely why Monero will always be #2... it may thrive at the 'darknet' market stuff it really can be 'dark money' and that's ok. But it's hard to imagine it fulfilling the institutional 'white money' and transparent ownership roles required for wider adoption, governments, nation states, institutions... transparency in the financial systems used by governments is really important and Bitcoin offers that. Anyway