I'd love to see the look on your face as you find yourself sitting on a pile of useless CorpGovCoins (formerly Bitcoin) when it turns out that they are as interesting to people as PayPal-II and some other solution has taken the place that Bitcoin could have occupied as a trusted and autonomous value foundation.
this is exactly the dilemma all of us will be placed in by for-profit Blockstream creating all these SC's for whomever will pay the fee. don't expect them to be selective in their choice of clients. they are for profit, they have $15M worth of investors looking for returns based on SC construction fees, AND the SC clients who pay the fees expect them to work, as in siphoning off as many BTC from MC as possible to create liquidity and value. this is a problem. especially when 40% of core devs + 3 key committers are part of Blockstream.
if any one of these speculative SC's get traction, you will fact a choice; move to SC or stay put on MC. will SC become the new Bitcoin or will it be possible to upgrade Bitcoin to CorpGovCoins? do you even want that?
Bitcoin was always meant to be its own
Self Contained Financial System. And by that i meant an inextricable link btwn its BTC and Blockchain (MC).
Your repeating the same delusional paranoia is not going to make it any more real.
Blockstream, I imagine, can be very selective in choosing their client as it as been mentioned they already have a gang of top level corporate clients lined up.
Furthermore, it is not Blockstream's job to generate adoption for their clients' SC. If their client are willing to pay what I imagine is a pretty hefty fee for their service, then I imagine that they expect their sidechain idea to serve some utility or application that fulfills a demand or a need in the market. For these sidechains to succeed, unlike your delusional self would believe, they do not have to "siphon" as many BTC as possible. The goal here is to create a service/an application that uses the BTC currency as its unit of account not to compete with the BTC currency. Blockstream, I'm sure, is not in the business of creating "speculative" sidechains, this job will be left to scammy developers like Truthcoin.