What’s the biggest threat?
Discussion
We are….
Before we “win”. We will have to have the conviction and courage (and selfLESSness) to hold our UTXOs self sovereignly at threat of being worth zero.
Many will cave and take the payout. (Think Matrix)
Winning, by the way, isn’t you or me being individually “rich”. It’s all 8bn of us being “wealthy”. Due to a new system that delivers humanity to a new epoch.
“Threat of being worth zero”… that’s my question, what is the threat
Possible hard fork somewhere down the line, related to scalability (or lack thereof) and ossification.
Many newer large hodlers (especially western govts) will want to take steps to assure BTC doesn’t become new MoE and exit ramp for humanity away from nation state control. In other words, they want to restrict its value proposition to that of pristine collateral ONLY. Like gold. To bail out their debts.
Those that can’t see beyond a fiat/old system lens will comply. Out of fear. Because by 2028-30 the global economic and geo political landscape will be much more dire than even now.
Game theory tells me this is plausible if not likely at some point.
But doesn’t have to be. Hopefully it doesn’t come to that….🙏🏻😌