Oh yeah. And then they will, once again, say it is a bub bub blubbbble blub blub blub dribbling spittle from their chin babbling incoherently. Need their mommy with the rag to clean them up.
History has shown that the U.S. government has allowed a business to run legally until they pulled the rug from them. Now you have a point that Wall St. has a major interest in cryptocurrency and they wouldn't waste their massive capital funding these companies if they knew the U.S. government would eventually ban it. While it can still happen, the window is closing as more crypto companies come to the public market in the U.S. Bitcoin won't survive once the central bank FedCoin is alive. Cryptocurrencies can't co-exist with the FedCoin. Right now, Bitcoin is being used as a shadow monetary policy tool to absorb excessive U.S. dollars from the traditional financial market. Once their usefulness is expired, they will be promptly banned after the Fedcoin is live.
Bitcoin is around and surviving exactly because the Fed is trying to control/monitor all things money. And not just here in the U.S. but everywhere around the world, thru Fed/NY watchful eyes.
They already have an eye on the banking system. That's why they got FinCEN and the Intelligence community like the CIA and NSA definitely knows.
You mean the already existing dollar, right? 98% of the dollar is digital, and only exist in banks' computers and ledgers.
What is better? Let the whales control/manipulate the monetary system? Check the wallets to see how a very small percentage of wallets control the entire crypto business. They will (do already) abuse their power much harder. Less than 0.4% of all wallets, control over 85% of all bitcoins. More than 99% of bitcoin owners (including you) have no control at all about their own "money". And whales probably split their coins over several wallets for security reasons, they probably control even much more than 85%. Over 76% of wallets have less than 0.01 BTC. They represent less than 0.22% of all bitcoins. And these small wallets are used to manipulate the price. So looks like a huge (almost) monopoly. And we all know that monopolies are bad for everybody, except for those who control the monopoly.
I'd argue you need English as a Second Language classes. This is the definition of price: https://www.merriam-webster.com/dictionary/price This is the definition of value: https://www.merriam-webster.com/dictionary/value Price fluctuates, value is either real(cash) or abstract(intangibles). We are all waiting for your NPV calculation of gold using DCF. Why do you not have an answer? LOL.
I would suggest you pick up the book Mastering Bitcoin to actually understand how 'control' works in Bitcoin. It has nothing to do with balances