I disagree with the "only", yes if a capital-intensive takeover happened they cannot take your bitcoins from your wallet, but they can still straight up destroy

I disagree with the "only", yes if a capital-intensive takeover happened they cannot take your bitcoins from your wallet, but they can still straight up destroy bitcoin or quietly enrich select parties through double spends as btc inflates. Fwiw the history can be re-written if over a long time a miner produces a longer chain due to hash power advantages in secret; when released it would by default invalidate all transactions since the secret mining began.