Short-to-medium term this can damage crypto prices, but long-term it's further evidence that crypto was right all along. Bitcoin (to name the most popular) is v

Short-to-medium term this can damage crypto prices, but long-term it's further evidence that crypto was right all along. Bitcoin (to name the most popular) is valuable because the government can't manipulate it. That's essentially its value-add to money - a computer controls its inflation rate, it's capped at 21 million coins, and the government can't print it at will. Such a simple concept being such a danger to the monetary system should be a damning indictment of central banks' mismanagement of our economic system.