We only need ordinary people like you and me to start using Bitcoin in any way each person would like.
Bitcoin is a movement that attracts "The Cabal" to where the people are. Currently, we now have Black Rock and the largest asset managers having investments in Bitcoin, and Trump and other politicians talking seriously about Bitcoin. Ten years ago suggesting that that would happen would be laughable.
I initially thought you had something pretty good to say about Bitcoin HODLing judging by the title, but in reality, your points are not without faults. Let me start with Bitcoin HODLing as the title reads, only a fool would say HODLing Bitcoin is bad, but at the same time, we should be smart about it. For me, more money would be made when people strike it at the right price, not at the top in the name of they want to HODL it for years, I hope Bitcoin will not disappoint such people. The way it behaved when it was still below $500 is not the way it is going to behave when it is close to $100,000. Also, a smart investment is in Investing and Divesting at the right times and according to what the long-term chart says, which is a good thing to consider by anyone, after all, an investment is an investment, it is the amount you earn that matters.
As for Blackrock, well, it's nice, but I still want you to know that these people saw an opportunity in Bitcoin and they created a business around it. This could be technically selfish, but I still love their approach, after all, it's a win-win for them and Bitcoin. But for Trump, you will only be deceiving yourself if you think Trump is a Bitcoin Cabal, he is never a Bitcoiner but a deceit. The guy is only using Bitcoin's popularity for his gain, someone who had condemned it many times in the past. At your slightest consciousness, how many investments or businesses of Trump are in Bitcoin? Talk is cheap, let's be wise.