"...it can't be shut down."
What prevents BlackRock, that has a controlling interest in ~90% of stock corporations of the world, including those that own the cables, radio transmitters, and satellites that enable global communications, from refusing to transmit any BTC transactions?
"...it's pretty presumptuous to assume we are already in full blown scam mode."
I submit that is the only mode.
"...a sophisticated audience such as mine..."
I can only assume you mean other than me.
"...it costs less than 50 cents to move an unlimited amount of BTC from one wallet to another."
Is there some means I am not aware of that prevents miners from stepping on transactions now? I confess I haven't been attentive and sure could have missed some regulatory or other method of compelling transactions to be included in blocks. I recall back in 2017 transaction costs hitting ~25%. Is that not entirely at the sole option of block producers to this day?
Thanks!
Do I need to hold your hand and explain the definition of every word/term I use in my blog? Nah. You're so bonified right now.
I am getting more bonified daily, as the season progresses. I stick ladders in places worms can't wriggle and have to do pullups just to get up and down. Problem solving is only as fun as it is challenging. My nuclear winter survival kit (also known as the cooler I keep my 6 pack in) is rapidly being consumed by the effort to keep it above ground.