"Quasi private" ? A public ledger, by definition, has zero privacy. Also, the market cap of bitcoin is less than $1T - a drop in the bucket for the Rothschilds. Thinking that bitcoin will revolutionize the world's money is a hilariously naïve take.
The ledger is public, the identity of a wallet can be private. You'll know money is at an address, but you will not know who owns the key to that address, or if the key was lost and those bitcoins are locked forever.
You can make the argument that through KYC there are fewer private identities for wallets, and I'd agree. But that doesn't mean you can't obfuscate again. If I buy $10K USD worth of bitcoin from CoinBase and then transfer to my personal wallet, its easy for the government to track. Once I send those to someone (pay back a friend with bitcoin), now the government has to come talk to me to find out who I gave those BTC to. Then talk to him, and so on and so on. This becomes very difficult depending on transaction size.
This also ignores the privacy afforded by Lightening Network. That's where the real revolution is. When I fully understood it, that's when I got really excited about bitcoin.
Also, regarding the market cap of $1T - that doesn't mean the Rothschilds could just spend $1T and buy every bitcoin. For every transaction, you need a buyer and a seller who agree on terms. I own bitcoin that I wouldn't trade for $1M USD right now. The rich could buy up all of the available bitcoin on exchanges, which would drive the market cap up by some ridiculous number, but they can't just buy it all.
It doesn't matter that you, alone, wouldn't trade your bitcoin for $1M USD - there are plenty of people that will. The market cap is too small and can be very easily manipulated, just like the current stock market, and even gold, for that matter.
You may be right, you may be wrong. It depends on how many coins are held by people that share my view. I believe that there's a significant number of coins held by people/entities that wouldn't sell for less than a significantly higher price than we're currently seeing. But I acknowledge that I can't be sure.
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