This thought has been stuck in my head a bit...

So we know 97% of fiat is just an entry on a database and those entries (new units of fiat) are created when debt is created.

It feels very feasible that the idea of "buying" something will change to "subscribing", so the time element of the loan you took out to buy a new car (for example) is always explicitly in your mind and used to force repayment.

Since the "subscription" for your fancy new EV will be connected to your digital ID and the IoT, it would be easy to disable use of it.

ICE cars would be taxed very heavily so they become unaffordable for the majority.

Everyone else will "own nothing and be happy."

It will be sold as good for the environment and good for reducing inflation + more convenient.

Sadly this seems like a natural progression...