...I can’t help wonder if this is the vehicle that enables TPTB to “erase” and handle their ballooned trillion dollar debt deficits, and reset the world economy onboard the Bitcoin standard (hyper-Bitcoinization). In this (un?)realistic scenario, Bitcoin would have failed on almost all counts it stands by today, especially if there is no privacy involved.
This is a complete oxymoron statement.
I can most assure you, if TPTB were to "reset the world economy onboard <insert crypto blockchain here>", it would definitely NOT have core privacy as a feature. Or it would have fake privacy, or a backdoor to privacy of some kind.
Privacy to them would be a failure.