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I'll fully willing to admit this is full conspiracy theory mode, but in these times it's felt more and more true: Part of me worries that the plan here is a su
by monocasa 2y ago
I'll fully willing to admit this is full conspiracy theory mode, but in these times it's felt more and more true:
Part of me worries that the plan here is a submarine "abolish the fed" plan from the crypto wealth, and another arm of demolishing US federal power in general.
* Run the economy and foreign trade so poorly that the USD tanks, which if you're 'lucky' and do it quickly enough also tanks all fiat that uses the USD as a reserve currency.
* Everyone switches away from fiat for reserve in exchange for a host of other stores of wealth, probably including crypto (that you ostensibly already own, and you cement your own power).
* You get rid of the fed, and the central bank idea in the US, cutting a major instrument of federal power. Or maybe you leave them around in name, but they're worthless to the point that they're almost a vestigial arm of the state.
* You're left with a major pillar of the end goal for a lot of the crypto wealth, which is an ultra balkanized world of a mesh of loosely federated city states.
- deleted 2y ago[deleted]