iterating they will still be free to use the original base layer, but they completely ignore the fact the system itself was changed fundamentally over the years so it will gravitate
towards a custodian 3rd party service - once it pushes people out of the blockchain all the network effect will be in 3rd party services and their original coins will be sendable but
not spendable -- a Chinese miner may validate their tx if he wishes but with no one to care for the on-chain transaction since the clients everyone will use will only honor the Liquid
service on top, and with the help of the state who will see absolutely no problem with a cryptocurrency it can control and regulate through gateskeeper it'll be back to square one.
