How to squash all git commits into one?

Perhaps the easiest way is to just create a new repository with current state of the working copy. If you want to keep all the commit messages you could first do git log > original.log and then edit that for your initial commit message in the new repository:

rm -rf .git
git init
git add .
git commit

or

git log > original.log
# edit original.log as desired
rm -rf .git
git init
git add .
git commit -F original.log