This is something that's always in the back of my mind. I'm pretty sure BTC is a bubble, a really, really big bubble. If I'm completely honest with you, I'm almost sure government officials at my country are using it to launder absurd quantities of money.
That said. Is it a supranational power scheme? Why not? It wouldn't even be much of a stretch!
We can just hope it doesn't take crypto as a whole with it when it blows, and also that we've seen the signs and jumped off the train before it crashes.
mmm...Government money laundering. There's another good conspiracy angle on it.
I would not doubt it. I agree with you; I believe in the concept of crypto, but I think it's a huge bubble (sort of like the internet bubble of 15-20 years ago (damn, has it been that long?) that ate up huge companies and giant piles of money and brought everything back to earth.