Though the Thing conceptualization doesn't hold up too much when you realize that the practical value of BTC beyond the social value is zero. they're just numbers!
In a way, the system is self-regulated.
In fact, all the "fractional-reserve" thing is a myth. Banks loan when they see the opportunity of profit, and then they search for reserves. Not the other way around.
From the wiki article:
The extrinsic (perceived) value of a specific stone is based not only on its size and craftsmanship, but also on its history. If many people—or no one at all—died when the specific stone was transported, or a famous sailor brought it in, the value of the rai stone increases by reason of its anecdotal heft.
There is money and there is real resources. Money is just a real resources distribution technology.
What is important is the real resources of a society. We (as a country, whatever is your country, if it has its own money) will never be short of money.
It can, however, get short of real resource if it leave infrastructure and knowledge diminish.
So borrowing from the future is the best way to think about it we are betting on the ability to keep the system of realized capital much much lower than available. Money is not a thing it's a concept of trust.
All that would happen is prices would go up dramatically basically repeating germany in the 30's if not worse.
I hear this often, but while it's a literal fact, maybe it's not that simple. Central banks create money out of the Trust that people put on them, and the trust has been built by the state for years or centuries.