So this is called a credit bubble. Um if you want it to be actually destructive, you have to find some mechanism that allows you to file for bankruptcy at which point you can't get a loan for 7 years. Why? Because when a credit bubble pops, the asset that was leveraged crashes in value.

If that asset is housing, oh no better get the bailout money. If that asset is something the central planners want to die ie bitcoin, it will just crash, the banks that made those loans will go bust with only depositors, not the banks, getting bailed out, and the spectacle it will create will be propagandized as the reason you don't Bitcoin.