I see a scheme, and I don't like it.

It goes like this:

• Be Central Banks
• Create a non-physical, intellectual currency with good prospects of banks being unable to "print more money"
• Pump it up with a lot of fiat money to make it appetizing
• Use controlled opposition to prop it up further and encourage organic support
• Get all the political right, moderates, liberals and conservatives alike to invest in crypto
• Quickly implement legislation that bans cryptocurrencies and seizes the ethernet blockchain using the FBI and the Central Bank's leverage over the legacy markets.
• The US Government would then own all the crypto certificates, and now the only way to cash them in is to turn it back into fiat dollars.

I'm not saying that's what is happening, but it doesn't seem outside the realm of possibility.

I don't like the odds on it, and I'd even say out-of-hand gold and silver schemes like Charlie Ward is pushing is also running the same scheme.

What are your thoughts? Am I being overly paranoid? Did I miss a step with crypto?

It's my understanding you might own the coin, but only the certificate issuer can "cash you out". If that were the Federal Reserve or the FBI, then what happens when they say you must cash out with fiat notes? Am I wrong on that?