Geopolitics

How do you foresee permissionless blockchains like Ethereum coexisting with future centralized CBDCs/infrastructure on the rise?

Christian, Launched EVMavericks, trying to become less ignorant over time 

I'd be very interested to read answers as well. My take is that large sovereigns will never accept losing authority over issuance policy, and we'll see a split between top-down centralized infra for hard money and permissionless for the creative and soft-money (gaming, licensing, etc.) economy

300 $degen

PhD in aviation ∩ climate science | Aviator, diver, ETH maxi, nexialist | Host of /diving /ethfinance /eth-staker /geopolitics /science /singapore /thomas

Do you think permissionless custody/transacting will become illegal/portrayed as illicit in the mainstream?

I very much expect any money mover that's not KYC/AML compliant to become illicit once it reaches critical mass, yes. That includes blockchains used for transactions and settlement of money-like tokens. Compliance will be the price to pay for actual mainstream adoption IMHO

Given the success of Bitcoin ETFs here in the US, I worry that the centralized powers will attempt to trivialize decentralized blockchain projects as abstracted asset classes and keep the concept of asset self-ownership out of the masses’ conceptual framework.