If we were to go to a 100% bitcoin currency system. The banks and governments would loose control of whole financial system. The present governments would loose control.
Therefore a new system would be needed to run each country. What do you think would be the new body of control?
How could this work?
What type of system would be put in place on this.?
I don't think the people can control themselves as too many minds and ideas of where things can go in a direction. Therefore you still need a council or kingdom of control.
your thoughts.
There won't be a new control of financial system, Banks and fiat will continue to be in charge.
The most realistic scenario is the banks employing the Artificial Intelligence for operations.
Bitcoin should continue as alternative payments for its enthusiasts.
There is no need for kingdom of control, but it will still be in control.