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Replying to Avatar Brisket

Bitcoin will do what Bitcoin does best - survive.

It's the final boss IMO & we're a few years away from facing it.

Think the China ban X 10

Massive drop in hash rates. Slow blocks for months. Crazy high fees. Bitcoin purchasing power severely hit.

A PoS fork is proposed/supported by the ETFs who now hold a significant portion of the total supply. Money printer is used to acquire forked UTxOs from Bitcoiners & all appears to be lost. The Bitcoin PoS fork becomes new G20 reserve currency.

Eventually the incentive to mine ensures that miners eventually find friendly or less hostile jurisdictions. Block times are restored & Bitcoin keeps ticking away in the shadow of the new PoS fork.

Did you think the final boss would be easy to slay anon?

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Weatherall 1y ago

hope your addy starts with a 1

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