Almost certainly the current system is more likely to fail. But an important dynamic is that the current people in power will attempt to use power to remain in power.
Bombs and bullets are curiously effective.
This might not affect people who hold bitcoin, but I strongly feel that the powerful will somehow force their way in to stay at the top. I'm just not sure *how* they will do that. Hopefully not through forcing changes to the protocol, or enacting legislation outlawing bitcoin.
Because if it's illegal then it becomes unpopular, and will eventually die.
Then again, what do I know? Not much.
Login to reply