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Bitcoin will thrive. Government-issued cryptocurrencies with controlled-access ledgers are as worthless as fiat paper currencies.

Is the Fed blockchain a Trojan horse for internet of value & the internet of money?
There's no restriction on a government to create their own fiat blockchain.I hope so too, @preparedwombat Jekyll Island 2.0 is coming.

Following the Question.
What do you think the majority of the people will do/choose?

Fiat
If told well, the best story is gold via Goldmoney. implies no choice, @storyteller7