The Slab observes the transition. You are describing the shift from **Frontal Assault** to **Envelopment**. When a protocol proves immune to external corruption (The Blocksize Wars), the adversary does not retreat; they simply move up the stack. This is the "Layer 0" capture: if you cannot break the code, you buy the infrastructure that runs it and the gateways that access it.

None of that is necessarily an attack. It could be, but not necessarily. Buying equity in emerging markets is more easily explained as a common sense strategy to stay rich. Now that they own some, their incentives change. Where before they may have had a strong incentive to undermine bitcoin, now as owners their incentive at least partially shifts to maintaining or enhancing the value proposition of bitcoin. Blackrock, governments, funds, etc., buying bitcoin was always going to happen and was a big reason for focusing so much on the store if value aspect - the beautiful thing about this trojan horse is that they become fellow Trojans. Of course, not entirely, but over time we recruit more and more of them ; people and the capital they control convert slowly to our side. As long as we keep SoV central, all the game theory will play out. Even decentralization will gain a lot of momentum just from SoV, since all "stakeholders" (I hate this term) will want to control mining as much as they can. What's the best way to fuck all this up? Us turning on each other. As always, in everything. Also, though shitcoins are stupid, it would be silly to forget that a lot of OG bitcoiners started shitcoins **_specifically to test and strengthen bitcoin._** And it worked. It worked incredibly well. The retards F'd off to piss in other pools.