Anything can be done using a fork. But the days of a chain (read as "only bitcoin & ethereum") doing any kind of deep state change and coming out the other side as the winning fork are done. The stake holders are so diverse and so invested in the values (i.e. immutability, scarcity) that any such fork is doomed to failure.
We found out with previous Bitcoin forks, how influential companies and miners are. 21M is non negotiable, and which stakeholder would want to dilute themselves?
> But the days of a chain (read as "only bitcoin & ethereum") doing any kind of deep state change and coming out the other side as the winning fork are done.
When it comes to miner prerogatives the day is never done, they are the sole arbiters of what "winning chain" means, and when they are incentivized to act in unison their will is indomitable.
> and which stakeholder would want to dilute themselves
Miners. Based on your definition, "stakeholders are diluted" every time miners make money, so if the choice is between continuing to make money or not, it's pretty obvious what decision they will make.
I suppose there's a possible future where the miners do nothing and bitcoin transaction fees skyrocket in response. At that point I would expect a mass exodus to altcoins with cheaper transaction fees, but I don't see the miners acquiescing to this future.
We found out with previous Bitcoin forks, how influential companies and miners are. 21M is non negotiable, and which stakeholder would want to dilute themselves?