Part 8/14:
Though banks may attempt to co-opt blockchain, Antonopoulos argues they will struggle to preserve the core features of decentralization, censorship resistance, and permissionless innovation. Supporting legacy systems—like identity verification—serves to slow adoption but ultimately cannot undo the fundamental shift toward a decentralized trust platform.
Analogy with the Internet: Just as the internet was initially resisted because it threatened established content controls and gatekeeping, blockchain’s true power lies in removing centralized control, something powerful institutions will struggle to embrace fully.