If the dollar was defendable, this logic would make sense.

But, i feel it falls apart as the dollar falls apart.
To many of the big people are trying to escape the dollar.  And they are doing  it slowly trying not to cause waves.

The OTC for gold and bitcoin are rumored to be multiples of what is touted on coinmarketcap.

As more big people are into bitcoin, the politcos will be encouraged to see bitcoin nicely.

And as the dollar crashes, bitcoin will be a huge winner.

The only trouble is when?
The other problem will be that the Infernal Revolting Syndicate will try to swindle as many people out of bitcoin as possible.

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hope not

If we look at how the war on drugs and war on terrorism paned out, we don't need to be too concerned.

Your right. With all the exchanges doing kyc later this year... everything will be tracked. You just gotta love governments... shesh! 🤦🏼‍♂️

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A decentralized exchange without kyc which we can trust would maybe a Solution.

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If you can't beat it join it.......Bitcoin is truly decentralized and can't be contained. Governments **know** this and it's all about trying to control its development and limit its effects on their control. Long term they need to accept and support it.
An all-out ban would maybe have a positive effect on the dollar in the short term but would have a much more significant negative impact on the dollar in the long term. Once people fully understand the value of a decentralized peer to peer payment system that has a finite amount unlike fiat currency, things will start to pick up speed.

Of course, Bitcoin has long since arrived in politics. As long as the FIAT currencies can hold their own, Bitcoin will only play a small but certainly not insignificant role.

But what if the debt money has grown so much that citizens and taxpayers can no longer pay the interest? The purchasing power and thus the trust of the citizens in FIAT money is dwindling and everyone is only looking for a safe haven. For the one who splits his money well distributed in different countries and especially in different asset classes.

The large corporations with their central stabele coins will assume the role of the banks. It is only a matter of which currency is weighted how high in the coin. Here we have arrived at the regulations. It is clear that the USA strives for a strong weighting of the US$ and therefore wants to see the US$ as strong as possible. The fact that we will pay in the near future with coins of the big ones like Facebook, Amazon, Google and Apple ect. is from my point of view a long time agreed thing. Only the conditions are not clarified yet.

If the FIAT currencies start to waver, people will look for a safe haven. Material assets, gold, real estate and Bitcoin will offer this port. States and corporations can only exert limited influence here. The key is then trust. It will then become clear which values enjoy this trust.

One thing is certain, we have an exciting future ahead of us.

Greetings from @faltermann 🦋

if only they would bother themselves with other things 😂