The notion that a blockchain governed by banks, venture capitalists, or fiat advocates poses a threat to #Bitcoin is unfounded.
Believing that more fiat is the solution to our existing fiat predicament is ill-advised.
Every clown coin will likely fade away quietly rather than with a dramatic conclusion.
Neither Citibank nor Ethereum constitute threats.
Centralization inevitably leads to greed, corruption, and ultimately, downfall.
However, a leaderless network is a network devoid of vulnerabilities. 