I am not saying it justifies locking down devices, but that's the kind of situation where I think a bit of friction is a good thing. For example having to connect your phone to a computer and run some command line tool (like for unlocking a bootloader). You still have your freedom, but it is also something you are less likely to do by accident. In the sideloading situation, it looks like you could make yourself a developer account and repack apps under your own identity, which is one of these high friction workarounds.
For F-Droid specifically, maybe they should negotiate with Google before going to the offensive. Maybe they did and it didn't work, but I think a good compromise would be to let F-Droid has a key to sign the apps they compile, making F-Droid accountable for the apps they distribute.
And by the way, Firefox is in a similar situation for extensions. Over the years, they made it really hard to install anything from outside the official Mozilla repository, citing security concerns. It is not just Google.
Neither incentive alignment nor competency is sufficient without the other.
At some point you need to just let the user say "I'm OK with being accountable for the installation" and get out of the way.