Ironically a blue admin would probably be beneficial for Bitcoin’s fiat exchange rate cause everybody would be coinjoining and opening Lightning channels in fear of wealth confiscations.
I remember hearing Mechanic say this a number of times. Something along the lines of that you need the state to attack Bitcoin or it becomes soft and complacent.
Ironically a blue admin would probably be beneficial for Bitcoin’s fiat exchange rate cause everybody would be coinjoining and opening Lightning channels in fear of wealth confiscations.