As we have already seen, every aspect of peer-to-peer digital cash that makes it an assault on the strength of the nation-state has been attacked, neutered, and infiltrated. Fiat currency is not going to go away quietly, and the general public goes along and will continue to go along with what the government tells them to do because it is safe, and people like to feel safe.

The moonboy mob goes along with the circus because the number continues to go upwards, and all the while the media implies that the usecase of a medium of exchange is a relic of the clumsy cypherpunk origins. Any hint of the counter culture that is an affront to banking is downplayed and smeared as crimes against anti-money-laundering legislation. In a word, their idealized future of peer-to-peer cash is an alternate form of Venmo—censorable, controllable, compliant.