RE: Global Debt Hits ALL-TIME RECORD HIGH! This is Why Interest Rates Are Record Low!
You are welcome.
I suppose you have not had the opportunity to read the post I linked. I think governments have not forbidden cryptos because having them rise another 1000 times from their current marketcap of 800 billion would devalue all the current debt 90% as the total purchasing power is distributed between Total issued central bank currency (currently 100 trillion USD) + cryptos (currently 0.8 trillion).
If this was 100 trillion USD in central bank currency and 800 trillion USD in cryptos, the purchasing power of the central bank currency AND SO ITS DEBT would fall by around 90%.
Then they can say that the devaluation of the pensions and bond debt is not their fault, but the evil crypto speculators fault. And then they introduce their own global cryptocurrency forbidding all the other cryptos we see today.
I think this is the game plan...
I checked it out. Great article. Not sure what's going to happen but anything is possible. There's a lot of speculation about government intervention into cryptos. I know there are many factors but I believe governments are always 2 steps behind.