So you agree with Austin Hill then that BTC the currency is separate from the value in the blockchain? (you can secure your Private Key in a SC move the value across, and later unlock your private key)
how do you incentivise miners to secure the Bitcoin blockchain if they get there revenue from a MM SC, when the value moves off the Bitcoin Blockchain.
1. This is an hyperbole and would take a considerably particular turn of event to happen
2. I'm not sure if this is the 100th or 1000th I've said it : miners are incentivised to mine the Bitcoin blockchain as long as there is block subsidy. It is trivial for them to MM whatever chain has value and can create value for them and this is what they will do.