"The embarrassing fact is that governments and central banks have absolutely nothing to fear from crypto currencies. Probably never will."
Yep, you pretty much hit the nail on the head.
An interesting point regarding fiat and more specifically the USD, is the fact that when crypto enthusiasts say "the dollar is worthless" or "the dollar is going to crash" they have no fuckin' clue what a hyper-inflationary USD would do to the global financial system. . I think I have an idea, and it looks like the TV show, "Walking Dead". Post WWI Germany is a good example as well. . A USD crash is not good for anyone unless you enjoy global depression. . Good post.
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It will be bad, but there is no way to stop USD from falling. Get crypto & gold to survive.
Just because people predict it will happen does not mean they hope it happens (though some do) that's like saying the weatherman wants a hurricane because he said it's coming...