Personally I suspect that BTC will be used as the second strike to completely economically destroy the upper middle class of the USA. A limited hangout to dethrone the USD for a short time before transitioning to a digital yuan.
First the dollar will lose its reserve status. Inflation will spike and btc will rocket more, it will be near irresistible for the public not to join in. We're talking hundreds of thousands of dollars.
Then BTC will be crashed, and with it nearly all of the wealth of the US upper middle class will be transferred to China/ abroad.
The CCP strategy generally is to turn a feature into a flaw. This is likely their plan with BTC. BTC is distributed, which is one of it's main features, but that also means that if it is attacked it is basically defenseless, that is the planned flaw.
This is not financial advise.
Personally I suspect that BTC will be used as the second strike to completely economically destroy the upper middle class of the USA. A limited hangout to dethrone the USD for a short time before transitioning to a digital yuan.
First the dollar will lose its reserve status. Inflation will spike and btc will rocket more, it will be near irresistible for the public not to join in. We're talking hundreds of thousands of dollars.
Then BTC will be crashed, and with it nearly all of the wealth of the US upper middle class will be transferred to China/ abroad.
The CCP strategy generally is to turn a feature into a flaw. This is likely their plan with BTC. BTC is distributed, which is one of it's main features, but that also means that if it is attacked it is basically defenseless, that is the planned flaw.