Black markets, and #Bitcoin, mostly privacy preserving / low fee 2nd layers will become black market money.

1) Full blown communism (the situation you describe) can't create quality stuff, so there will be a massive incentive to produce stuff outside the system and earn some sats.

2) Within the system is a place for black markets too. E.g. you can buy the meat allowance of a vegan for some sats.

The situation you describe can't last long. The black market will strengthen and grow, while the formal markets will be plagued by regulation further and further. Ones the black market overtakes the formal market, the regime will collapse under its own weight.

It's probably going to be get the F out or sitting it out. If you decide to leave to a place with more freedom you need your Bitcoin to bring your wealth, and if you stay until the regime collapses you need the Bitcoin for the black markets.

Also, we don't have to get there, I am still hoping that sanity returns before this shit gets rolled out. Don't forget that the incentive to track, trace and control comes out of the fiat debt problems.

Govs are literally bankrupt, and this system is the only way they see to force the population to pay for it. If we get on a hard money / Bitcoin standard, the incentive for this control grid will disappear and the world will suddenly shift to sanity.

Bitcoin fixes this