My personal definition in terms of the development of Bitcoin, I have the opposite understanding, meaning Bitcoin is really played by the authorities.
If you can adopt bitcoin in the amount of rice you can hodl and you win, I think Bitcoin from 2009-2017 is in favor of low economic users, entering 2018 until now Bitcoin is in favor of the authorities and billionaires.
So, if the ruler and billionaires have taken a role in the Bitcoin market, of course Hodl dies and does not work for ordinary users who buy little by little, that's the law of nature in the world of crypto.
With very good technology behind, magical design and its historic parabolic growth so far, Bitcoin is a very good investment asset for anyone who afford to spend money for it, and are able to hold it for several years or two to three market cycles. Millionaires or billionaires can be Bitcoin made if they invested in Bitcoin very early years and held it long time enough.
It does not mean there is no longer chance for newbies to find better wealth and life with Bitcoin. Chance is here as Bitcoin adoption growth, value and price growth won't stop in 2025, so if you can join now, it is still early for them to join the party and enjoy profit in coming years.
Bitcoin historic ROIs and its bullish trend towards future for any newbie who still fell unsure about its future.
Bitcoin & Traditional Assets ROI (vs USD):
https://casebitcoin.com/