Great points, thank you!

I agree with you that the Proof of Stake changes would have to happen slowly. That’s a good point.

Getting miners to abandon Proof of Work for Proof of Stake would be difficult, since the miners would become unnecessary. But all the Gov’t needs to do is to get them to approve the “BetterBTC” fork…and they could create strong incentives & disincentives to do this. Maybe larger ‘fee-based’ transactions. Remember, the Gov’t doesn’t actually care about BTC. They just want to convince people that it is dead, and a new, better one has emerged. This is paramount.

Large miners are businesses, they aren’t Maxis (mostly). And the miners who are maxis will watch their revenues plummet.

I don’t believe Western institutions would actually care or worry about the transition - it would only need to be a move from traditional Bitcoin to a new Bitcoin: without miners needed to verify the transactions. They would have wonderful short-term profits (which is all they pursue anyway).

Even nodes would be shut-out, if they don’t adopt the fork.

Reward the miners for their loss of business - WHICH IS THE POINT of the new ‘BetterBTC’ token - and the majority will give in, going broke, worldwide.

And YES you’re right, Western institutions would be less secure under the new token…but they don’t have a choice if the Gov’t tells them they must adopt it.

And again, YES, many nations will probably not adopt it…but I think most will, because the largest, most influential nations will put pressure on them to do so.

I’m just trying to work this out in my mind, so I really appreciate your contributions!!