A Short Story from the Future?

1. Big companies leverage bitcoin to buy more bitcoin, pushing up bitcoin price, pushing down fiat value (speculative attack).

2. Nation states realize the existential threat to their fiat power.

3. Nation states change the rules - restricting borrowing; taxing unrealized capital gains; outright confiscation; nationalization of retirement accounts (forced purchase of government bonds); and more.

4. Custodial and leveraged bitcoiners get rekt.

5. Fiat and their centralized governments continue the slide into irrelevance.

6. Non-custodial bitcoiners enjoy The New Golden Age