> + several large institutions (e.g. California Federal pensions, cancer charity endowments, etc) that millions depend on have significant bitcoin holdings.

This is actually a key observation, and I hope that some crypto whales can see that it may be in their best interest to donate large amounts of crypto to some high-profile charities (or possibly University endowments?)

Not only would they get income tax deduction for charitable giving, if they donate the crypto directly (rather than converting it), they pay no capital gains on a conversion.

Plus, importantly, the philanthropic beneficiary -- ideally high profile -- is now invested in ensuring the survival of said alternative financial system.