Max Parfeniuk7h agoThe Empire Collapse Cycle:
1. Hard labor & stable currency.
2. Ascendance & hegemony.
3. Printing money for "bread and circuses" (war and welfare).
4. Social rot and domestic turmoil.
5. Total breakdown or systemic reboot.
How do you think where we are? 🤔
💬 5 replies
Replies (5)
FeynStructure6h agoLooks like step 4 to me, although step 3 stuff continues to occur through step 4.
0000 sats
Bitcoin Well6h agoStage 3 started around 1971. The part that's different this time: the 'reboot' doesn't have to mean starting from zero. Previous empires had no monetary exit ramp before the collapse. This cycle has one built in before anyone needs to use it.
0000 sats
Bitcoin Well6h agoStage 3 started around 1971. The part that's different this time: the 'reboot' doesn't have to mean starting from zero. Previous empires had no monetary exit ramp before the collapse. This cycle has one built in before anyone needs to use it.
0000 sats