they will turn full circle once they relise they cant kill it and that most people are ignoring their shit block chains and there shitcoins.......
banks and governments have laws such as minimum wage, tax laws, court fines which will keep banks 'token' in circulation for the majority of people.
even laws involving loans, stocks, shares are also designed to keep fiat useful.
people wont ignore their 'shitcoins' because people will need to convert bitcoins to 'shitcoins' to pay taxes and repay loans/court fines.
I feel like there is a big war about to start in the next of years. The banks will not want to be subjected to collaborate and adapt to the new bitcoin reality, its not going to go like bitcoin becomes the world currency, there is too much ego in countries, nations and banks wanting their own currency to use it in a way they feel like using it.
there wont be a war. there will however be large "admin fee's" where tax/courts will charge extra to convert bitcoin for their shitcoin to accept it as a payment. hoping it will make people not want to use bitcoin.. like i said not a war, but an acceptance and profit grab, while trying to take popularity away from bitcoin as the underlying desire.
There will be government closed source currency, and then bitcoin as an alternative to escape this government Orwellian nightmare.
The clash of both currencies will not be nice. It will be a war and they will use everything they can to crush Bitcoin. Hopefully, by then Bitcoin is too fungible, anonymous and decentralized for them to attack it.
you wont be able to completely escape government shitcoin. even if you hide how much you receive on bitcoin. governments can still spot a nice car and house you own and 'sanction' you to pay XXX shitcoins, threatening you with court action to prove your income by explaining how you can afford such luxuries without having what appears to be any shitcoin income.
but as i said it wont be a war. it will just be a new revenue stream and profiteering method from banks. infact the government does not even need to change any laws that currently exist, to achieve this. and people already (sheepishly) accept it as the norm and not a 'war'
Which is why we must keep the blocksize rather small to keep making the 1-node-1-person viable, otherwise we are screwed. As soon as datacenters are the ones that can run nodes, there's nothing to do but submit to the government's will as they control of Bitcoin.
now this statement i just quoted is just a "exagerated doomsday". i am still laughing that many think 2mb blocks=datacentres.. yet even core are now saying that 4mb=raspberry Pi safe. so chillout trying to sell your doomsday scenarios..
bitcoin doesnt need to 'keep the blocksize rather small' but does have to stop being stupid to think it needs to be 5000x larger in 2 months..
bitcoin can grow at a natural rate.
however moving bitcoin users into a system where the only way (no choice) is to use lightening networks/centralized sidechains. then bitcoin will become no better then banks.
again no need to push datacenter doomsday of 5000x capacity increases in the next two months, as a reason to move people over to third party management in lightening hubs or 'liquid' sidechains
in short
we dont need to worry or care about what banks are using for their closed door accounting system/ledger.. we just need to make sure we dont turn bitcoin into the same crap by going into third party management as the only "capacity" solution, or as the only solution to be managed by banks to avoid court action.
