cAPS: Flip side theory.

This is not a new theory, but I have never taken it seriously until today.  But I also give it very little credence.  It's a wild ass crazy thing.

Central Banks have been rushing around trying to figure out how to make a digital currency for a decade now.  They are getting closer to a test that I would have thought possible.  But they are super far behind.  And you KNOW they know they are fucked.

What if... the most powerful central bank hired... uhh... I dunno, say the inventor of SHA256 to develop a viral, unbeatable new world currency that they would control to the extent it would be possible considering the fact that one reason that it would be viral is that it is TRULY a decentralized system.

Say they just released it on the cypherpunks mailing list under some pseudonym Nakamoto, SAtoshi and did everything they could surreptitiously to help it catch on?  How would they control it, you ask?  Well they wouldn't once it was launched.  But they would be able to virtually "premine" more of it than anyone else.  And then someday after it gained worldwide traction and the price of it stabilized they could come clean (or not?  I am not sure about this part) and  introduce a plan to monetize the USGvmt with the Satoshi coins?

This would be the perfect way to launch the worlds dominant CDBC.  And ahead of all the competition.  And it would be done in a way that would be both a gift to the world, and a great benefit to the creating country.

How would this government act during the first 20 years of it's existence?  Well they would act disinterested.  They would slow play their hand.  They would act like they did not really SEE the risk.  And most of them would not know because it would be ultra-argon-xoomax Top Secret.  They would not make it illegal... and they would wait on OTHER COUNTRIES, perhaps even their enemies to take it up first and embed their economies with it.  Some of them would bitch and scream, but over all they would just go on printing dollars like usual.  Well more than usual.  They would be printing them faster and faster.  They saw this coming too after all.

Then after Russia, and perhaps China, and some other economies adopt it... after it is safe to do so, they could begin to pull the curtain back, and though this might cause all kinds of temporary instability the game theory here works itself out pretty fast as well.

*Sigh*.  I can only wish that the US government, or ANY of them for that matter was wise enough to think up a thing like this...

But the result will end up the same no matter what.  This monetary avalanche is well underway and unstoppable at this point.  There will be winners and losers, of course, but it will not be stopped.  At least I do not think so.

Anyway... I said it was crazy and do not claim it to be original... I mean I have never read anyone else really try to flesh it out, but I know people have theorized it.)  But all the things that have happened?  They can actually fit a theory like this fairly well...  lol.