I think speculating that there’s a way they’ll collude with regulators to stop Bitcoin without actually thinking of a way to do this is pointless conjecture

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It's not speculation. There is clear collusion because the regulators are corrupt. Unless you think they're being honest? Come on now, be realistic here. I want Bitcoin to succeed as much as the next guy, but put yourself in the shoes of an institution looking to adopt - do you honestly believe they'll be doing so at $50k a coin?

I don't.

Ever heard of a vpn and p2p exchanges?