A 2013 prophecy announced the end of money for Bitcoin in 2025

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By Berto R

  • The debt crisis raises life costs, while Bitcoin wins as a refuge.

  • China and the BRICs challenge the dollar with Yuan Digital and Gold, reflecting the geopolitical fracture.

When the United States debt reached 36 billion dollars in 2025, equivalent to 123% of GDP, few recalled the warning of Luka Magnotta, an alleged time traveler that in 2013 predicted that Bitcoin (BTC) would trigger the collapse of Fíat money. Today, with China and Japan selling treasure bonds, the price of pioneer digital currency pointing towards a new historical maximum, and the dollar on the edge of the abyss, the text of Magnotta resurfaces as an echo impossible to ignore.

In 2025, we observed a clear trend that the mysterious Luka Magnotta pointed out 12 years ago. It’s about a global economic crisis that rushes Towards a collapse of the financial system, driven by unsustainable debts, distrust of Fíat currencies and the adoption of Bitcoin as never before in the history of humanity.

The American debt, which grows, on average, to one billion every 100 days, and the disinvestment of key creditors indicate a fracture in the monetary order. Starting from this reality, we analyze the news through the vision of Magnotta, whose 2013 prophecy, although fictitious, offers a lens to understand the vulnerabilities that today threaten to redefine the world.

In August 2013, Magnotta, a Reddit user, caught the attention of the Bitcoin community when he presented himself as a time traveler since 2025. His dystopian story described a world in which the digital currency had destroyed the global financial system, eliminated governments and plunged humanity in inequality and chaos. Twelve years later, with a debt crisis reconfiguring the global order, His vision deserves critical scrutiny.

Magnotta predicted that Bitcoin would multiply its value, a partially accurate projection, as Cryptonotics pointed out. In 2013, Bitcoin reached $ 1,000, and in 2017 exceeded 10,000, as anticipated. However, its $ 100,000 goals in 2019 and one million in 2021 were not fulfilled, and their world without governments or Fíat currencies remains distant.

Even so, he succeeded in the institutional interest, and we see it today with firms such as Blackrock and Fidelity investing billions in Bitcoin, and in the adoption of countries such as El Salvador and Bután. These successes reflect the maturity of the market, but their mistakes reflect the limitations that were in 2013, when the regulations were still incipient.

History lessons: collapses cycles

In fact, what I call Magnotta’s prophecy is not an isolated case, but an echo of historical crises. In the book The Death of Money (o The death of money), James Rickards warns The monetary system already collapsed three times in the last century —1914, 1939 and 1971 -, each time followed by chaos.

So the debt crisis of 2025, with a deficit of 1,833 billion in 2024 and with interest consuming 18% of fiscal income, according to Congressional Budget Office, evokes this fragility.

The US government currently pays an average of 3,000 million dollars in interest expenses per day. It means that the US spends 18% of its tax revenues only to pay interest. Source: ApolloCademy.

China and Japan, which have reduced their treasure bond holdings by 340 billion, 15%, since 2021, they undermine confidence in the dollarwhile the International Monetary Fund (IMF) alerts on a global liquidity crisis.

Geopolitical fracture: a world without hegemony

Geopolitically, the crisis resonates with the vision of Magnotta, who said it came from 2025, a world without fiat coins. And if we compare it to what BRICS and others are promoting that They are inclined to explore alternatives to the dollar, while China drives its Yuan Digitalcontrasting with the decentralization of Bitcoin, which attracts individuals and peoples, outside the western system.

China drives its digital yuan as commented on social networks.
China aggressively drives its Yuan Digital as part of the plan to distance yourself from the dollar. Source: X/Popescuco.

As part of all this gloomy panorama of 2025, Jerome Powell describes the debt trajectory as «unsustainable», projecting an increase up to 116% of GDP by 2034, while Ray Dalio warns of an «imminent global break.» Then, the triggered foreign disinversion reduces the yields of the bonds to 10 years to 4.2%, reflecting uncertainty, and pushing people towards Bitcoin as a refuge.

At the social level, the Great prophecy anticipates a cost that 2025 highlights. That is the growing inequality driven by the adoption of Bitcoin and the debt crisis. And although the «city» described by Magnotta —fortalezas of cryptocurrency – there are no physically, Bitcoin -based circular economies have emerged, as in certain communities of El Salvador, where peer transactions with BTC foster financial autonomy. These initiatives contrast with the precariousness of those who depend on Fíat money, trapped in a global economy marked by instability and devaluation.

Not everyone shares this apocalyptic vision. Analysts like Nouriel Roubini argue that the dollar will resist and that the American economy will float, quite the opposite of what Michael Saylor says, who sees the current crisis as the dawn of the era of bitcoinization. However, the Great prophecy, possibly a satire of the 2013 greed, transcends these positions by highlighting a truth: no system is immune to overextension.

Looking towards the future, the truth is that 2025 raises three possible scenarios. One is A collapse of the dollar that consecrates Bitcoin as a reserve asset. The second is a boom of Stablecoins and digital currencies of Central Bank (CBDC) that frustrates the libertarian promise of Bitcoin, or, thirdly, a return to the gold standard.

In any case, where we are today, we see that the prophecy of Magnotta, although fictitious, captures the fragility of a system overloaded by debt and speculation. It is the era that will be recorded in history by a wobble dollar, While Bitcoin is decoupling from traditional assetsas Rickards proposes.

But looking back, about what Magnotta warned, it underlines an awkward truth, such as the fact that the current system is unsustainable, and the transition to a new financial order, led by Bitcoin or radical reforms, is inevitable.

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Discharge of responsibility: The views and opinions expressed in this article belong to its author and do not necessarily reflect those of cryptootics. The author’s opinion is informatively and under no circumstances constitutes an investment recommendation or financial advice.

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