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by Ebree 1311 days ago
Wait for a global ban on cash. Suddenly the only thing that will left for your finance to stay private will be crypto but some truly private (not like majority privacy coins) & decentralised one or something like this on top of Bitcoin. Everything is a bubble until it outlasts critics. People hiding their wealth before marriage are a bigger market than drugs or hedging inflation.

If BTC would be extended with only one feature - transfering users funds not touched for a year to an auto lottery pool distributing funds to Bitcoin transaction makers randomly, BTC would become the biggest casino on earth.

BTC & crypto competes with these institutions. Why do you have cheaper international transfers now? Legacy fin infrastructure is a joke. That's why cryto took off so easily.

Soon you may have a fully digital dollar/eurodollar which itself already is a global & free to use digital ledger, just with centralised issuance and link to oil & US securities.