Bitcoin the network is fully transparent, which makes BTC not really fungible - it can and is traced, which creates better/worse BTC. This is why coinbase (smal

Bitcoin the network is fully transparent, which makes BTC not really fungible - it can and is traced, which creates better/worse BTC. This is why coinbase (small c) BTC is sold at premium. Bitcoin should and will die, but in its place a thousand flowers will bloom. FYI, you can have BTC asset without Bitcoin network in trust-less manner TODAY. See recent paper by Leona Hioki on the way to do it using Witness Encryption cryptographic scheme.