Yes, we are either on the verge of greatness or the verge of tee total totalitarianism. The Bank of Canada is struggling to maintain a relevant currency with their piss poor trucker convoy policy and lack of accountability and secrecy.
A currency that can be lodged with the BIS has 0 privity and is an ultimate vehicle for theft.
The beloved Made Beaver Currency 1820 stood in the face of the UK and the brits hated it. Why?
Despotic totalitarianism only needs things to continue as they are.
The greatness option requires us plebs to align and keep something like Bitcoin pure (as a start).
We don't even have enough plebs who understand Bitcoin.
Let alone will put some effort into keeping it pure, I don't even know how...
It can be a bit frustrating to be honest.
The two biggest risks for Bitcoin are playing out right now:
Enough people owning their private keys
Poisoning the protocol from the inside.
