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 If the cycle plays out and a brutal #bitcoin bear dip hits late 2025/early to mid 2026, people will vote in anti bitcoin representatives full stop.

Time is ticking. 
 Will be interesting to see who sells off if it’s becoming a buy / hold / borrow against market 
 For sure. The “borrow against” environment is probably the least disruptive way towards bitcoinization, but making predictions on how different people behave now is really difficult given this is an openly nation state level phenomenon now. 
 True. I can’t see nation states selling. Makes more sense to hold as they can print