These 10% will buy as much bitcoin as they can.
Bitcoin goes to 10m per coin
Governments ban bitcoin
Black markets develop
Fiat currencies collapse
Governments become authoritarian
Debt based system collapses
More people want bitcoin
Shadow economy develops
Everyone wants bitcoin
Hyperbitcoinisation
Simple as that 😅
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I’m sure I forgot since steps along the way and mixed them up. Maybe the whole cascade stops at “governments become authoritarian” and we can’t escape.
Some *
survival instinct is a lot stronger than the propagandists want us to believe
