What if the Spanish traded with Tawantinsuyu after Pizarro fails?

I was thinking about a scenario where Tawantinsuyu survives conquest and becomes analagous to China as a lucrative place for trade. So, perhaps Pizarro's conquest of Peru is a big failure and the Huáscar-Atahualpa civil war is either quickly resolved or never occurs, and the elites realize that there are weapons and technologically superior products that they would want to trade silver for?

I guess what I'm asking is: would it be possible for the Spanish to strike a deal with, say, Huascar, to be granted a city, say Lima or Piura, for establishing trade? That way, Spain would still get some of the silver in the Peruvian highlands (and this might reduce the amount of drastic changes to world history), and there would be technological exchange at the same time, ensuring the survival of the empire.

Or would Spain settle for nothing less than outright conquest?
 
The Incas would need an outside backer I think; either that or have Spain get stuck in a vicious war in Europe. Maybe have Spain become protestant (IIRC Michael Severtus, the dude Calvin burned alive, was Spanish. Keep them from hating each other and he could go back to Spain and help Protestantism entrench itself there, though this is doubtful) and thus get into far more far more dangerous wars in Europe. Or better yet, have Portugal go Protestant, and somehow keep Spain at bay, and have the Portuguese on and off pick off Spanish shipping, leading to a slower American colonization overall.
 
The Incas would need an outside backer I think

Was it really that easy for Spain to conquer much of Peru though? It almost seems like it was pure dumb luck for Pizarro's success. His earlier expeditions were not very fruitful. The terrain and disease chipped away at his resources. How easy was it to get naval expeditions across Panama and into the southern Pacific? Would the Spanish be able to amass that much ships and resources in the Pacific just for conquest?
 
Was it really that easy for Spain to conquer much of Peru though? It almost seems like it was pure dumb luck for Pizarro's success. His earlier expeditions were not very fruitful. The terrain and disease chipped away at his resources. How easy was it to get naval expeditions across Panama and into the southern Pacific? Would the Spanish be able to amass that much ships and resources in the Pacific just for conquest?

The thing is that the gigantic mountain made out of silver among other things would probably be enough to make Spain want to conquer it, if to keep it away from the French or the English or others. I'm not saying it's impossible for the Inca to survive, far from it. It is just that if Pizzaro fails, as long as some folks get back to Europe talking about how there is a civilization even more rich and powerful than the Aztecs just to the south ripe for the picking (which is likely), then the Inca are gonna be in... trouble, and in short order.
 
The thing is that the gigantic mountain made out of silver among other things would probably be enough to make Spain want to conquer it, if to keep it away from the French or the English or others. I'm not saying it's impossible for the Inca to survive, far from it. It is just that if Pizzaro fails, as long as some folks get back to Europe talking about how there is a civilization even more rich and powerful than the Aztecs just to the south ripe for the picking (which is likely), then the Inca are gonna be in... trouble, and in short order.
But the Japanese evidently also had an abundance of silver and the Spanish in the Philippines never made attempts of aggression against them.

Actually, in thinking about the Japanese example... I think something analogous to the Japanese adaptation and mass reproduction of Portuguese handheld gun designs could happen in Peru. Of course, there would be a bigger gap in metallurgy but we could imagine gun smiths being captured from one of Pizarro's expeditions.
 
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