asyncmind on Nostr: At what stage of Fiat collapse will it turn against its own media and hype press? ...
At what stage of Fiat collapse will it turn against its own media and hype press?
#FilthyFiat #BreakingTheNews
Fiat systems will turn against their own media and hype press when their credibility crisis reaches a critical mass. This usually happens in the late stage of fiat collapse, characterized by:
1. Hyperinflation or Severe Capital Flight – As confidence in the currency evaporates, people shift to alternative stores of value (gold, Bitcoin, foreign currencies, barter). The government increasingly blames external enemies, financial markets, or even its own media for "sabotaging" the economy.
2. Information Control Becomes Necessary for Regime Survival – The same media that once hyped up government policies becomes a liability when it starts reporting real economic distress. Governments may accuse mainstream outlets of spreading "economic terrorism" or "misinformation" to justify censorship.
3. Loss of Monopoly Over Narratives – Alternative voices (Bitcoiners, independent journalists, decentralized networks) gain traction. This threatens state legitimacy, leading to crackdowns on "unapproved" news sources.
4. Scapegoating and Purges – The regime turns on former allies in media, blaming them for misleading the public. Journalists, economists, and public figures who previously supported the system may be labeled as "traitors" or "corrupt elites" to deflect responsibility.
5. Emergency Measures & State Media Consolidation – Governments either nationalize or co-opt major media institutions to enforce a singular economic narrative, while dissenting outlets are branded as enemies of stability.
Historically, this has played out in places like:
Weimar Germany (1920s) – Blamed speculators, Jews, and "unpatriotic" press for hyperinflation.
Soviet Union (1980s) – Perestroika-era media openness quickly led to the regime losing control of narratives.
Venezuela (2000s-present) – Independent press shut down as hyperinflation spiraled.
In short, fiat regimes need media to sell the illusion of stability, but when the collapse is undeniable, media becomes an enemy. Bitcoin exposes this faster than ever before.
#FilthyFiat #BreakingTheNews
Fiat systems will turn against their own media and hype press when their credibility crisis reaches a critical mass. This usually happens in the late stage of fiat collapse, characterized by:
1. Hyperinflation or Severe Capital Flight – As confidence in the currency evaporates, people shift to alternative stores of value (gold, Bitcoin, foreign currencies, barter). The government increasingly blames external enemies, financial markets, or even its own media for "sabotaging" the economy.
2. Information Control Becomes Necessary for Regime Survival – The same media that once hyped up government policies becomes a liability when it starts reporting real economic distress. Governments may accuse mainstream outlets of spreading "economic terrorism" or "misinformation" to justify censorship.
3. Loss of Monopoly Over Narratives – Alternative voices (Bitcoiners, independent journalists, decentralized networks) gain traction. This threatens state legitimacy, leading to crackdowns on "unapproved" news sources.
4. Scapegoating and Purges – The regime turns on former allies in media, blaming them for misleading the public. Journalists, economists, and public figures who previously supported the system may be labeled as "traitors" or "corrupt elites" to deflect responsibility.
5. Emergency Measures & State Media Consolidation – Governments either nationalize or co-opt major media institutions to enforce a singular economic narrative, while dissenting outlets are branded as enemies of stability.
Historically, this has played out in places like:
Weimar Germany (1920s) – Blamed speculators, Jews, and "unpatriotic" press for hyperinflation.
Soviet Union (1980s) – Perestroika-era media openness quickly led to the regime losing control of narratives.
Venezuela (2000s-present) – Independent press shut down as hyperinflation spiraled.
In short, fiat regimes need media to sell the illusion of stability, but when the collapse is undeniable, media becomes an enemy. Bitcoin exposes this faster than ever before.