A couple years from now, as blockspace is increasingly used for stablecoins, there will be another UASF to curtail them, but it will fail. Miners will reject it. Why would they kill their fee revenue?

Strategy Bank and all the same influencers will continue to gaslight you. They’ll tell you that stabelcoins on Bitcoin are good because it pays the miners, that they’re valid transactions anyway (thanks Taproot and Lightning Labs), and if you try to stop them then you’re censoring…after they read the ad for their Bitcoin yield product.

They’ll tell you it’s not a problem, and even if it was, it doesn’t matter because eventually, Bitcoin tx fees will price out the stablecoin fees.

Then there will be another policy or implementation change that further decreases Bitcoin’s moneyness. And another. Then another failed UASF. More incremental changes.

Until one day, demurrage or tail emissions are proposed, and there’s nobody left to stop it because all the people who cared about Bitcoin as money have been gaslit and ostracized out of the project.

The people want slop, yield, scams, and trusted third parties, so that’s what they’ll get.