2035: Bitcoin and Europe Swallowed by the Abyss of Inflation [Crypto Dystopie]

What will our world look like in 2035? – U.S favorite cryptos will they be gone or will they be the core of our lives more than ever? Will the Bitcoin Blockchain Change the Face of the World? We had fun, through little stories, imagining our world in the not-so-distant future. The story that follows is fictionalized, imaginary, without any pretense of guessing the future. Have fun with us and dive into our new summer format. Embark on the DeLorean JDC, heading for 2035!

Europe in the light of the euro crisis

February 1, 2035, place Jean Jaures, Saint-Etienne, 6:15 pm

Inside the brasserie Le Méliès, Max has a drink with his colleagues. It’s their little fun after work. And then the money, you have to spend that quickly. Very quick.

The waiter comes to them to pay. 500€ per pint. What seemed an astronomical amount a few years ago has not been so expensive since Black Friday. On January 19, 2024, the euro has collapsed. Italy, which was banned from Europe in 2023 due to differences in monetary policy with Germany, caused its slow but irreversible decline. Other countries followed. Greece, Portugal… There are now rumors about Spain. The eurozone is fragmenting, as is the single currency.

7:00 pm. – Max walks up rue Charles de Gaulle along the tram line, which has been out of service for a long time due to lack of energy to run it. Go to Place Carnot. The icy cold mixed with the mist penetrates his coat. He can’t wait to go home.

In addition, he has to hurry to have dinner with Marie and the children. At 8 p.m., the power in the Rhône-Alpes region will be cut off due to a lack of electricity. It’s a fact, now there’s not enough energy for everyone. In turn, each area is plunged into darkness for 2 hours. Tonight it is the cities of Lyon and Saint-Etienne. The president nevertheless reassured them that the situation is temporary. Two new nuclear reactors will be commissioned this year at the Gravelines factory. Which finally meets the electricity needs of the population.

In France and in Europe there is no longer enough energy for everyone

The energy crisis accompanied Europe in its fall. The Great Euro Crisis has been triggered by the loss of confidence of foreign lenders in the face of the worsening economic situation in Germany. Europe has tried to stop this hellish spiral in 2025. Triple taxes, limit bank withdrawals.

“An unprecedented collective effort for an unprecedented crisis,” they said.

But faced with the revolt of the exhausted populations, Europe has returned. In 2027, governments have opted for the least painful solution… in the short term. Printing money galore.

– Thin, the bread! exclaims Max. He almost forgot.

7:10 p.m. – Max walks into the Maison Carnot bakery and rubs his hands to warm them up.

– Good evening, a wand please.

– Here is. 157€

— But yesterday it was €151!

– And yes, my dear sir, you must buy the flour, the baker replies.

With his bread under his arm, Max walks up rue Clovis Hugues to Square Girodet. He opens the door of his house. Finally the one his parents left him. Today means buying more. Money devalues ​​so quickly that banks are now refusing to lend it. They know full well that the monthly repayments of their loans will be worth nothing in a few months. Even with an interest rate of 800-80000%.

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Europe facing the energy shortage and Bitcoin

“Honey, it’s me. I’ve got the bread.

– And I went to Auchan de Villars, to do the shopping for the month, Marie replies. According to the saleswoman, the prices will have doubled tomorrow. I warned my brother. He was working late today, but he will transfer to Leclerc anyway.

Every beginning of the month there is a robbery in the shops, worse than the first day of the sale. Once they receive their salary, people spend it on shopping, in movies, in restaurants… On cigarettes or bottles of milk. Anything that can hold its value longer than the euro. Because the next day they know that with the same amount they can buy twice as much as today. And every month wages adjust accordingly, upwards. A real headache for companies on the brink of bankruptcy.

Sometimes even the money runs out. Inflation is such that there simply isn’t enough new money in the economy to keep it running smoothly. Printing money caused money shortages.

As intuitive as it may seem, printing money can lead to money shortages in Europe.
Printing money leads to scarcity of new money

7:20 p.m. – Max prepares the table while Marie calls the children to the table.

“In addition, Serge, the boss, has warned customers about the imminent closure of the supermarket,” she told him.

– Oh? Max wonders.

“They’re just not profitable anymore.

Prices are rising so fast that the cost of restocking the store exceeds the revenue from previous sales. Taxes lose their value even before they reach the government’s wallet. European society is on the brink of failure.

7:45 PM – “… the ECB would give her” european bitcoin “Replacing a euro that no longer works in the coming weeks…” Clara Cheval announces to the TF1 newspaper.

– Another nonsense… Max grumbles. They’re strumming our ears with their new currency, but people don’t trust them anymore.

– We will have no choice but to use their stuff anyway, meet Marie, resigned. As usual, we have no say in it.

– As if we could so easily start again… Max sighed.

8:25 PM – By candlelight, the Detunes family plays a game of Uno before going to bed. Max and his wife worry about their future. To top it off, Europe has banned the holding of foreign currencies since 2028 to prevent capital flight. No more dollars, bans owning cryptos and this famous digital gold called Bitcoin which seems to be all the rage across borders.

Possession of bitcoins banned by Europe
Bitcoin, ever banned by Europe?

In any case, these innovations are very little passed on by the traditional European media nowadays.

9:55 p.m. – Max goes to bed and wraps himself in his blanket. 17°C on the thermometer placed on the shelf. With -15°C outside, it is normal for the temperature in the house to drop quickly. It will go up when they turn the electricity back on in 5 minutes, he reassures himself.

The frost pulls through the window. This winter is the harshest ever. While in August they sweated all the water from their bodies in scorching temperatures. The climate is definitely getting weirder.

Hyperinflation threatens all countries trapped in the frenzy of printing money. This is what happened at Zimbabwe in the late 1990s, whose example inspired this story. Because money must always be based on work, an expenditure of energy, to convey real value. The problem with a debt-based system is that money is created with one click these days, effortlessly. Printing money has become so convenient for our leaders. But one day we will have to pay the price. Keep in mind that Europe’s future won’t necessarily be identical to Zimbabwe’s, but the signs we’re seeing right now are worrying. In this context, a limited digital resource, the creation of which requires the real expenditure of energy, is interesting. This new process responds to: current problems instant transfers and ecological transition is a candidate to replace the existing system. This one digital gold Called bitcoin, will it be successful in the long run or will it remain a utopia forever? Only the future will tell us.

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