The US want to stifle crypto because they dont have control over it, its a valid counter-option for their precious dollar. The best thing that could and is happening is the world de-dollaring, the US have far too much global power as things stand and as such are using trade as a weapon and attempting to crush anything that threatens their dominance. Empires fall, the pound was the gold standard for a long time and only really stopped being so in the 80s/90s. Now it seems the US and its aggressive policies are gonna spell the end of their time at the top.