Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's End Game
by
RememberGod
on 16/05/2020, 21:33:05 UTC
Considering that governments want to stay in power, they'll do anything to force people to use their Central Bank Digital Currencies (CBDCs) instead of any other alternative payment system. If that happens, Bitcoin will be doomed.

Do you think that we're close for Bitcoin's End Game to happen? Will it ever happen? What are your thoughts? Huh

I don't think there will be the end of bitcoin this way.

First, you are not the only one who likes bitcoin. In fact, many strong and rich people would love to move around tens of millions USD secretly. And some of them, surely, work for governments. Probably, that's why bitcoin wasn't banned in 2011 - 2016 when there were loud notorious cases like Silk Road to force ban bitcoin straight away.

Secondly, there will always be countries and jurisdictions that would love to host bitcoin exchanges just like we have offshore banks since... Always? 1980s.

Thus, there will always be ways for bitcoin to exist. The unlikely nightmare would be the world turning into one country with totalitarian regime. But then we would have much more serious problems.

P. S. Rename your home wi-fi network to Bitcoin and we'll win, believe me, lol