- Create a virus (creating the problem).
- Lockdown.
- Crash economy. Print money.
- Inflation.
Several rounds of step 1-4. We're just done with one round. The currency is not devalued enough. With the Omicron variant (COVID-21) already out there, we've begin the next round. This process will take years (first round took two years 2019-21).
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Ban cryptocurrencies in effect (eg: By preventing trade against USD, or by declaring them a currency and therefore you need a banking license to deal with them etc. They can't directly ban it because of how the technology works)
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Devalued currency from hyperinflation. This destroys everyone's dollar holdings (close to cashless).
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In the old days, banks could issue their own currency. There were multiple currencies in circulation at the same time. We're halfway there with crypto already. Move to such a system again, since USD is too devalued.
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New crypto currency issued by private banks and/or a private Central Bank (let's call this collectively the "banking consortium") backed by an International cabal of corporations.
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Big box stores accept new currency. You need money and USD is worthless. You can only get a hold of the new currency by selling your assets to the banking consortium (since they created it, they are the only source of it). Now you see why step 5 is needed. Can't have you dealing with crypto that isn't controlled by the elites. Their currency must be the only solution.
Looks like an obvious takeover attempt, so they'll probably do it through a fund established by the government, with privates owning a stake in it (a bit like the Fed).
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The mega sale devalues all assets. They get to buy it cheap.
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You own nothing and you're (not) happy.
I agree with u/Mrexreturns that lockdowns are coming. I disagree this is a communist revolution. There is no communism without state ownership. The elites will never agree to state ownership of their assets. Instead we have a new form of totalitarian rule similar to the movie "In Time".
All this time, you will be under the impression you have choice. If you work hard enough, you can "make it" (their version of the American Dream). But of course your income is only ever at par with expenses, and you have no savings.
PS: Obviously, I must be missing many things and don't know whether this theory would even be doable from an economic perspective etc. Happy to be corrected.
crypto is a greed honeypot
use your resources for food, shelter and weapons
Yes food, water, shelter, weapons are first priority. If the internet goes, so does crypto. If the government regulates against it, it will lose most of its "value" against USD - that's a risk I hadn't considered (but that's exactly what happened in India this week). Gold and silver is good in theory, but how do you tell the fakes? Hence, I think, most people will end up bartering anyway.