/biz/ - Business & Finance

Wtf, is this legit? I thought some Xavier dude stole 60 billion from the ico funds?

I am a time traveler from 2030. I am here to tell you what happens to Bitcoin/BTC.

First off, the Asuka prophecy is correct - up until late 2022 though. After that many problems emerge.

The biggest problem is with Craig. He ends up winning the court case in 2022 after it gets drawn out. Tulip Trust is found to be fraudulent though. But, he is able to sign the BTC genesis blocks and moves some dust from the Original Satoshi wallets in November 2022. This causes BTC to drastically drop in value - from $400,xxx to around $300, and his crummy BSV goes to $50,000.

The SEC uses this excuse to enforce some laws passed in summer 2022. They are allowed to 51% "attack" the largest blockchains in cases of terrorism, imminent security threats, or other cases similar to them halting the NYSE. They don't call it an attack though - it's a "cryptographic emergency management." Of course this causes the entire crypto world to shit itself. Bitmain hard forks BTC also later that day. BCH, which at this point has long fallen out of favor, also suffers several 51% attacks as their network hashrate has been very low for the year anyway.

This leaves a core BTC, the SEC managed BTC, Bitmain's BTC, a handful of BCH chains, and a mooning BSV.