throwaway248329

Governments have literally genocided, sent to concentration camps, tortured, experimented on millions of people more than a few times just in the past 100 years. Of course they can ban Bitcoin lol. The only question is the extent to which they're willing to go to stop it.

This was before they got a new owner.

Nah, another shitcoin that is run as a startup with a large premine.

99% of all crypto companies are scams looking pump the price and sell their premine.

Bitcoin is the only crypto that matters.

The amount of trust will be limited to trusting that the bank is showing your balance correctly and that nobody stole their SSL keys.

You can't have freedom of speech without freedom of wealth. The more Money is controlled by the government, the more it will be able to censor opposition and incentivize loyalism.

That's a good thing. Having an established governance process would be an attack vector.

How exactly was it derailed? Creators of 2X stopped the fork because it was clear that majority of users were against it and that miners would be forced to mine it at their expense.

Governments would try to borrow more, but would there be enough willing lenders?

The endgame is forcing governments to be more fiscally conservative and generally less bloated.

No, individual users decide the outcome of a hard fork.

Coinbase, BitGo, Bitmain all tried to force Bitcoin to use larger blocks because that would've gave them more power, and look where we are.

Yes, but as long as some miners stay on the old chain, it will live. Hard fork also requires the users to switch to that new client, otherwise they won't be able to accept the new blocks from the forked chain.

Sure, it's possible that the wealth disparity rise happened for other reasons, not related with gold standard.

However, I can still look at those charts and say that the gold standard does not harm the poor the way you imply it does.

Changing the miner subsidy amount would require a hard-fork, so the chain would split in two chains with a shared history, the original with only 21M coins and the new chain without the cap. And once that happens, it would be in everyone's financial interest to get rid of their inflationary coins and sell them for original Bitcoin.

So unless all the world governments decide to make it illegal to mine the old chain, it wouldn't work.

Yes. The governments would still be able to borrow, but they won't be able to do it in an unchecked manner.

Since the lender would know that they are not guaranteed to get their money back at the expense of the borrower country's population.