Yes. I mostly worry about those that inevitably get left behind when that timer expires. Last time I checked there were still proprietary components too, which makes it riskier.

I agree that it's likely not a timeless evasion. I see it like custodial solutions - a temporary toehold while we wait for someone to build a staircase. No one should form a critical dependency on it but we can't deny it has some utility however brief.

k00b

plausibly evades the regulatory requirements

Isn't that what the e-gold people thought too, though?

If it gains traction (nowadays, assume for this to be the case when one of the state-aligned hacker collectives starts using it at scale) it will be destroyed if it can be destroyed. There are many forms that that can take: from a lawsuit to a fatal exploit of a protocol bug; there are many plausible attacks on centralized players in answer to this plausible evasion.

This will even happen on decentralized concepts such as L1 Bitcoin, or do we really think that normies will not run back to their banks the moment Patoshi coins move and the FUD campaign starts for real?

Is Spark actually Bitcoin?

anon

> plausibly evades the regulatory requirements

Isn't that what the e-gold people thought too, though? 

If it gains traction (nowadays, assume for this to be the case when one of the state-aligned hacker collectives starts using it at scale) it will be destroyed if it can be destroyed. There are many forms that that can take: from a lawsuit to a fatal exploit of a protocol bug; there are many plausible attacks on centralized players in answer to this plausible evasion.

This will even happen on decentralized concepts such as L1 Bitcoin, or do we really think that normies will not run back to their banks the moment Patoshi coins move and the FUD campaign starts for real?