Similarly, because 95% has been mined, I am not so sure that people will use bitcoin over an altcoin as a means of p2p transfer. It's supply in 2024 will be far too small to facilitate hundreds of million of people buying in to actually use it. Because by 2024, either the legacy rail has taken over and bitcoin is far too expensive relative to it's supply OR, it will not have happened and bitcoin will be worth nothing. Perhaps this is too simplistic an argument to make, but 10 years is not actually very long.
It didnt use to concern me, but it does now.
Unless they are given BTC loans. The masses have always used leveraged money (fractional reserves) and not real money, because the capitalists have all the real money.
The real game here is not changing whether the masses will use leveraged money. (nothing will ever change that)
It is the game of protecting the (knowledge age) capitalists from the State (industrial age capitalists+masses).
I have argued that a Knowledge Age is replacing the Industrial Age and the age of high fixed capital is being replaced by active knowledge. Knowledge capitalists don't want to be dictated to by a State because it is incompatible with knowledge production.