On a scale of 0-1, representing my estimate of P(no catastrophic economic/valuation failure in any given year), my trust is: {Government (German): 0.99, Government (UK): 0.85, Politicians (UK): 0.67, Bankers (collectively and internationally): 0.95, BTC: 0.15, Cryptocurrencies in general: 0.05}.
> you're ignoring layer 2s and all other places where you can exchange crypto without it being recorded on the blockchain,
Thus negating all the so-called benefits of the Blockchain, but without the benefits of a double-entry bookkeeping database audited by professionals and with public liability insurance.
I don't have much trust in my government either (Ukraine), but at least I know who they are.
Also there are many other ways to store a value.
So if you don't trust them, why would you let them control your money, knowing them doesn't change much.
Sure there are other ways and people are free to choose whichever one they prefer.
7tps on the base layer, you're ignoring layer 2s and all other places where you can exchange crypto without it being recorded on the blockchain, as a matter of fact, unless you're buying directly from a miner, the single transaction that you use to put it in your wallet actually corresponds to many other transactions elsewhere.
> (supposedly of criminal origin)
Big bold claims also require some proof. It's a decentralized protocol that can't be controlled by anyone.
Do you really trust that your gov and the politicians/bankers have your best interest at heart?