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I don't see how there is ever going to be wide adoption of a currency that is currently held in its entirety by something like 0.2% of the population, and claims to be impossible to expropriate.

When people see that kind of concentration of wealth, expropriation is a plus. Expropriation is how it gets redistributed. Nobody is going to want to make a bunch of early-adopting HODLers rich without knowing how to take most of their money as part of the bargain.



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My point still stands. If there's one thing people want to avoid empowering more than banks and governments, it's bitcoin wingnuts.


Even if thats true, crypto could still be huge. It is still peanuts compared to mainstream finance.




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