People are waking up to all of the things I listed above and no cataclysmic event is happening. Don't get me wrong, people are dying, but its not an "apocalypse" in the sense of destruction but an apocalypse in its original meaning: to uncover, to disclose, to reveal. We are experiencing the apocalypse right now. It is a revelation, not destruction.

Whether or not the economic apocalypse occurs as a cataclysm or a revelation is determined by what it takes for people to see the reality of the current system. If it takes a destruction, then that's what it will take. If it takes just the information getting out, then that also will be an economic apocalypse, i.e. a revelation.

When people see the real issue, they will demand change. The changes are already in the works. GME is creating an asset backed crypto. I believe that is the obvious path out of this mess. It takes all the benefits of Btc and backs it with an asset. It's value then isn't based on the amount of faith that backs it, but the real value of the asset. This creates a stable economy, especially if many of our real assets are put into crypto form, with an infrastructure to trade between the crypto asset and the real asset. This is done almost trivially with the entire stock market at this point. It's also done trivially with precious metals. All of the infrastructure for both of those are in place, or mostly in place. For other assets, similar systems could be set up, for a true barter system.

This means no one can "horde all the gold" and ruin the economy. Because even if there is an intermediary for exchange upon which the economy is based, with crypto barter, it doesn't matter if someone has it all, because the rest of the system transitions trivially to immediate trade of other assets. All that's required is a marketplace large enough to find people that want the trades (barter) that you want that would bypass the intermediary.

With a truly motivated world understanding the real problem, we could have it all fixed (or fixed enough) within a week or two.

People are waking up to all of the things I listed above and no cataclysmic event is happening. Don't get me wrong, people are dying, but its not an "apocalypse" in the sense of destruction but an apocalypse in its original meaning: to uncover, to disclose, to reveal. We are experiencing the apocalypse right now. It is a revelation, not destruction.

Whether or not the economic apocalypse occurs as a cataclysm or a revelation is determined by what it takes for people to see the reality of the current system. If it takes a destruction, then that's what it will take. If it takes just the information getting out, then that also will be an economic apocalypse, i.e. a revelation.

When people see the real issue, they will demand change. The changes are already in the works. GME is creating an asset backed crypto. I believe that is the obvious path out of this mess. It takes all the benefits of Btc and backs it with an asset. It's value then isn't based on the amount of faith that backs it, but the real value of the asset. This creates a stable economy, especially if many of our real assets are put into crypto form, with an infrastructure to trade between the crypto asset and the real asset. This is done almost trivially with the entire stock market at this point. It's also done trivially with precious metals. All of the infrastructure for both of those are in place, or mostly in place. For other assets, similar systems could be set up, for a true barter system.

This means no one can "horde all the gold" and ruin the economy. Because even if there is an intermediary for exchange upon which the economy is based, with crypto barter, it doesn't matter if someone has it all, because the rest of the system transitions trivially to immediate trade of other assets. All that's required is a marketplace large enough to find people that want the trades (barter) that you want that would bypass the intermediary.

With a truly motivated world, understanding the real problem, we could have it all fixed (or fixed enough) within a week or two.