So everything is fucked then no matter how this pans out?

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Not true. Bitcoin will liberate all, Americans, Chinese, and all people worldwide.

Getting through this transition may be tough though. It was always going to be tough. That’s ok

I mean I'm prepared if that's the case, but I don't exactly want to live in a collapsing society.

Nor do I. The fact that the collapse of fiat and rise of Bitcoin are happening simultaneously will ease the transition greatly. Without Bitcoin, we’d be looking at another world war scenario. Instead we are mainly experiencing memetic warfare only. This is good