Yes the projection of Bitcoin as a speculative asset, not a MoE has been very successful- controlling the narrative as the ETFs and other institutional custodians like Microstrategy promote Bitcoin as a digital gold speculative commodity and this narrative is dominant.

The fact that ETFs and MS enable reduced tax on investors reinforces the narrative even more.

Governments and banks combined are slyly capturing and controlling the narrative, and Bitcoin, to preserve their fiat hegemony.

All we can do is support Bitcoin accepting businesses where they do exist and expose and confront the fiat cartels capture and control agenda.

Agree SN gives hope with a working model of what is possible.