Bingo...you hit the nail on the head.

There is nothing that the establishment can do other than to embrace it.

The fact that the world is going to get less expensive since most everything will end up on blockchain means that the value of these organizations is severely threatened. These entities probably know that and will retaliate. Yet, in the end, it is a fruitless proposition. Blockchain, because of decentralization, is simply too powerful. A centralized, controlled organization cannot stand up to it.