simple, if there are no more participants in a govt systems like social security or people dont want to use govt backed money, then it's value will collapse in a one way or another.
It means that people who are left in the system are screwed like in any ponzi like systems.
P.S. Thanks for downvotes HN on my orginal comment
Re:Web3 is expensive P2P
by pessimizer on Monday May 16, 2022 @11:24AM
(#31398819)
Welcome to the internet.
1. Claim that X is the same as Y.
2. Assert that Y is Bad.
3. Therefore, X is Good. QED.
I don't understand what kind of argument you were aiming at. Even if your "government ponzi scheme" non-sequitur is taken at face value, what's your point exactly? Do you expect that a type of fraud becomes acceptable if you manage to point out other types of fraud?