I’m not saying that to be flippant. I’m saying we all play the probability game. My bet is on humanity being good, technology continuing to progress exponentially, ₿itcoin continuing to work and get stronger every 10 minutes. And the sun rising tomorrow. These things seem very probable to happen in my world view.
Discussion
I dont see Bitcoin going away. I just don’t see all the things you’re talking about happening. I see the need for credit creation for growth enablement continuing to exist, and intermediaries to facilitate it. Hence, I see the need for sound regulation of said intermediaries.
While impossible to predict I’m partial to the optimistic view. And so many come away from bitcoin with a change in their worldview. Those that don’t probably burnt by a stove early, and bitcoin was hope for them. I personally don’t know anyone that could “unsee it”.
On the credit topic. I feel like there will be credit simply because people like to take risks.