Governments have made no secret that they will convert to a new digital money system and as such are gradually making it illegal to use the fiat paper money
The fiat sysem is slowly either breaking down or being driven down, whichever it is is irrelevant because it is a mess
How does the government reset the financial system?
How does it develop and implement a new system ? (any system)
How does it write and test a new system of software ?
How can the worlds debts be reset, currently many time more than the money ever in circulation
To reset the fiat system all they have to do is stop pumping so much new money into it to keep it going
The same way that all software is written and tested
Simply introduce a Beta test program to iron out all the kinks
The Bitcoin system is totally transparent, no transactions can be hidden, Big Brother watches every action, IE the ultimate control so what better way to test a new system
There have been a number of people sent to jail for using Bitcoins to traffic in drugs etc so the government must monitor it all the time
Obviously all those $8 000 Coins will have to be broken up or converted to the equivalent of a one dollar bill
The CBA for instance has an exposure of over $40 Trillion to derivatives, there is no way they can ever get out of that unless there is a reset, just go back to square one and start again
“When you have eliminated the impossible, whatever remains, however improbable, must be the truth.” It's simply elementary, (Arthur Conan Doyle)
