0 sats \ 0 replies \ @Rex 26 Feb \ on: Bitcoin amnesty - hypothetical scenario bitcoin
You are assuming that the situation does not exist and that settlements between countries will not be settled using paper Bitcoin. Bitcoin is designed not to rely on third-party trust institutions to operate, because if there are third-party trust institutions, there will be institutions that fail. The failure of the third-party trust institution will cause the collapse of paper Bitcoin. Every paper Bitcoin crash that happens drives people back to the original Bitcoin system.