I think it's far more likely that crypto's was a bankers idea - one to shoehorn in Central Bank Digital Currencies (CBDC's), using the naive but enthusiastic energy of a generation not educated to what money is (and what it isn't).
There's never been a fiat currency (crypto is fiat), that has survived - in the whole of recorded history.
As soon as any currency is no longer money - ( a store of value with a relationship to tangible goods, like gold ), it's doomed...- only the timeline has to be discovered.
1913 fed reserve act up until present day is a perfect example of this mechanism in modern times.
As devaluation of the dollar increased in it's velocity (inflation), the more the untethering from realty was needed ( to maintain the pretense).
....first by coming off the gold standard, then the petro dollar, and finally quantitative easing for the last 14 years....and coincidentally just when bitcoin came on the scene.
Crypto acted as sponge to help soak up all that excess liquidity of $'s, and thus, by doing so - kept the price of gold down.
Very interesting !
Money and taxes always been there to remove the real exchanges ( food for services or any help exchange ) and disconnect all the people ..like the snake in the garden of eden .
https://www.thebalancemoney.com/us-federal-tax-history-4145479
...have a read of this.....no REAL, PROLONGED, INCOME TAX in the US until after 1913. (before then - only sporadic, and very low , taxes).
There are no coincidences.
Fiat currencies devalue to zero - it's an extraction of wealth from 'the producers' to 'the parasites'.
$1 in 1913, in value - is worth 2 cents today (purchasing power erased through inflation)
It was a mathematical certainty that the dollar would eventually 'go to zero'.
I'm pretty sure 'they' knew what kind of scam they were pulling off.
...there's many historical precedents.
If you're interested, the Roman Empire's coin debasement is an excellent one to look at.
Nothing has changed, only the names of the parasites at the top.
'principles remain the same, only the terrain changes', as it were...
Wow this makes so much sens
When we could just exchange services and help eachothers , tax man is saying no no .
In France it is ILLEGAL to trade a service against another ! Or trade anything without paying taxes .
I am surprised , crypto to crypto trades are not taxed ...like it is in usa .
Have you heard and read about Amiral Law ? Of not , go into the subject but dont sink in .