i see missing privacy, chain analysis, tained coins and the trend to scaling through custodians as a clear path to a system where you can not transact freely and also may not even hold your own keys. Therefore you depend on third parties to use the system.

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Besides the lack of privacy, which people are working on solutions, the rest is mainly what ifs. It could go either way right now.

Sure, nobody knows the future. I also hope BTC fixes its fundamental problems but its not looking good imo.