Oh I never doubted that, I just never wrote about that in this post. I did wrote about similar things a few times, how they try to crack down on the public but it never works every time there is a new invention.
Just like when the printing press came out, they did all they could to ban it, including torture or murder... They went door to door to every house and publicly execute any one who had a book..
But just like all civilizations, the ending was the same.
Now, I have no doubt they will try to ban it. Hell I think they'll try to shut the internet down, dictators always wanna bring everyone down with them, I never said it's easy.
But they can't stop this cause they can't go door to door, and if they did they cannot fin out who uses crypto and who does it.
I think the game will be played in the next 5-10 years where Cryptos will try to gain mass-adoption through the new channels, and the goverments in MSM and their fake news..
If there is mass-adoption the game is pretty much over.. Short of an EMP :P
But it's just an opinion from a fellow thinker, who knows?
Thanks for the interesting and engaging comment :)
Thanks for responding further @the-alien!
Yes, it is quite a topic to grapple with in a single post. I agree that the free market will always outmaneuver the lead-footed government and the invention of digital ledger tech is a game changer. However, I believe it's always a healthy exercise to keep expectations in check, and one way to do so is to try and anticipate how the governments and centralized powers will fight to suppress this game changer.
As an ardent reader of history, my main concern with the current sentiment in the crypto community is that the change is expected to happen in too short of a time frame. I think that a 10 year timeframe is very reasonable for a flourishing crypto market, yet I sense that many are investing on a 1-3 year timeframe.
In 5 years, it seems very likely that crypto adoption will accelerate as a number of looming debts mature, and the credit cycle will likely roll-over only aggravating the confidence in the fiat system further. And just for icing on the cake, that is not taking into account any geopolitical Black Swan event :)
Enjoying your content, my friend. Best to you.