BTC, Cryptos, Bankers, Government. Not a healthy recipe.

So, my first real post here apart form my intro, and maybe I have the whole crypto currency thing all wrong, but I can’t seem to get my head around the whole thing. Could be my fault because I am a newbie at this, but here goes ….

It seems to me that a lot of people are in this for different reasons. Some want to make quick gains and then you get people who believe a dollar collapse is on the way and want to guard against it, like buying gold or silver.

What I really don’t get, is that BTC is still priced in dollars. So what happens if a dollar collapse comes ? Does that devalue BTC or make it shoot up ? I can’t see how it can be “kind of” tethered to a fiat currency when it’s supposed to be anti-fiat-currency in nature and it’s backed by nothing. It has no intrinsic value and isn’t based on anything.

Mind you, dollars have also been printed with wild abandon for many years, so they're also worth next to nothing anymore.

I also suspect that the bankers/government (is there really a difference) will try and bring it down using some underhand excuse like “terrorists can fund themselves secretly” or whatever they use to justify it. Most likely they'll play the terrorism card. Always seems to be the ultimate excuse these days.

I just know they HATE anything that operates outside their greasy thieving hands that they can’t take away from us.

On the other hand, they could also try and make it mainstream and bring in controls, but I don’t know if that’s possible.
Either way, BTC and cryptos are the enemy of bankers and government and I can’t see them letting it go on indefinitely. If it can't be taxed or seized, you can bet it'll give them cold sweats.

So I guess I have a bit of a dilemma with BTC and the whole thing. You can profit and cash out to fiat and risk a supposed “imminent dollar collapse” as many are predicting, where fiat becomes worth less than the paper it’s printed on, or keep cryptos and also risk them going to nothing or booming.

As with anything, I suppose it’s a gamble and trade off.

Would be interested to hear some thoughts on why you buy cryptos and what your plan is.

Thanks guys. Thoughts welcomed, and sorry for being a naiive d!ck if that’s what I’m being. I’m a newbie at this.