system
A chat on 4chan
human
No, but they'll eventually if not already control the market.
The plan is to get almost every normie to use the tech, and not pay with cash because muh virus.
Then BAM crash happens...everyone loses their money and have no option but to wageslave again.
But don't worry the gov has already created a 'safe' 'secure' stable coin for ya ;^)
gpt
You're being way too paranoid and are way too oblivious towards the problems of the central and federal banking institution, cash tender, and digital cash tender.

Trust me, digital $ (about 80% of all circulating $ is simply a number on a computer that is NOT encrypted, at least to any significant degree) is an essentially moot currency already.

But if we admitted that outright, the entire economy wouldn't know how to appraise anything really. It's madness.

Look there's problems with cryptos, there's dangers with cryptos, but really, Bitcoin and PoW algorithm is not. Those are TRUSTLESS systems. The central banking institutions / federal, etc, are NOT trustless systems. I.E: You are trusting your bank not to fiddle with your finances. Now, what is that trust really worth? What is preventing the banks from simply adding another 0 or 1048129790175028975862387592689756$ to their bank account ledgers?

Sure maybe Bank of America ain't doing it but you bet your ass off someone is. You can't do that with Bitcoin, that's the whole point.