What will Donald Trump, Elon Musk and Peter Thiel's wealth look like when the us dollar isn't the main transfer currency, the world sees the biggest financial crisis in the last couple centuries and everyone wants to cash out on their US bonds because all of a sudden there's 0 trust in the US government?
That's what we're headed towards. The 'dark enlightenment' fascists think they can accelerate a switch of global banking moving towards cryptocurrency. Good fucking luck trading a bitcoin when normal finance is blowing up, grocery stores are going to struggle with stocking their shelves.
The thing that crypto correlated the most with so far has been tech stocks, the most exposed ones. So I don't think crypto will hold much longer than those and will crash earlier than the rest if your scenario was to be true.
Also, if crypto would be to become any money, then it would not produce any yield in average. So it would not be interesting to hold, the whole scenario makes no sense.
They don't have to care because there is so much wealth to acquire in the short term. Trump alone will enrich himself with billions in bribes from foreign companies. The DOGE/Project2025 annihilation of government programs will result in drastic privatization with all of the billionaire class benefitting immediately.
All of the dark outcomes you describe are possible while a certain class has profitted already so much they don't care and will happily retreat into their bunker.
That's what we're headed towards. The 'dark enlightenment' fascists think they can accelerate a switch of global banking moving towards cryptocurrency. Good fucking luck trading a bitcoin when normal finance is blowing up, grocery stores are going to struggle with stocking their shelves.