BCH: "We've been sounding the alarm bells for a while, no?..." The narrative went from "Fuck the Banks" to "Banks welcome to crypto" https://old.reddit.com/r/CryptoCurrency/comments/tn90ge/the_narrative_went_f... " I mean, I get it. Mass adoption. The Hyperbitcoinization theory. Metcalfe's law and what not. Besides, who doesn't like a bit of green on their portfolio. However, don't forget that banks are not here for you. They aren't here as a benevolent force of good. They just want to front run their own creative destruction. Remember what early Bitcoiners had to face to reach this stage of adoption, they had to fight off constant criticisms from all sides, especially the banks and their stooges. By all means celebrate the adoption, but also remember the roots of this entire revolution. Rant over. Peace out. " "
Just keep Bitcoin focused on the most important objective, the separation of money and state.
Unfortunately the introduction of banking and other systems that require funds-routing middlemen opens the door to state interference. That is why the primary use-case has to be cash. Only cash transactions directly from sender to recipient are purely voluntary and sovereign, with no middlemen who will be required to report or prevent the transaction, and who have an incentive to fractionally reserve. "