Whenever I see statists like the ECB get upset about Bitcoin, or when I see more brazen regimes try and actually implement an all-out ban or crazy tax scheme, I turn to my favorite bit of writing anyw...
We will receive less opposition if there's nobody to fight them.
Every person is incentivised to accumulate Bitcoin.
Their shitty fiat system is dying & it needs no help from Bitcoin in it's destruction. As you say, Bitcoin is just the most logical exit, the escape valve.
They'll still try to fight it by manipulating price, attacking proponents & banning it's use. Bitcoin will be fine, but some of its users will be targeted.
Focus on building a new system rather than fighting the dying one.
Every person is incentivised to accumulate Bitcoin.
Their shitty fiat system is dying & it needs no help from Bitcoin in it's destruction. As you say, Bitcoin is just the most logical exit, the escape valve.
They'll still try to fight it by manipulating price, attacking proponents & banning it's use. Bitcoin will be fine, but some of its users will be targeted.
Focus on building a new system rather than fighting the dying one.