You don't get the difference between a crypto.com acct and cold wallet? Basic bitch
Except it will be, and currently is in several countries. I also hold my bitcoin in a physical wallet and you can never take that from me. I use it to buy online, I use it to pay other people. I use crypto in 90% of my exchanges in life and yet its not money. Just like China, our government wants to take something that allows people without banks to make and distribute money and make it their own. By eliminating mining and trade these countries show the inherent threat bitcoin posesses. You speak as if there is some form of money that isn't inherently corrupt. You sound like someone who had bitcoin and sold it for a tub of ice cream. Crypto, not just bitcoin especially when we get into open sourced and defi, or better yet DAOs, and even more so web3, is for the people and by the people, our government is not involved. They want taxes from it. Learn to harbor. Everything you said describes the stock market and your knowledge of crypto is lacking. Bitcoin is not crypto and crypto is not bitcoin. My amount has never changed, I've made more from staking, farming and verifying transactions, but I've never seen my values randomly changed. Speak out your ass all you want but crypto is my future until we get solar fucked and knocked back to the stone age when no currency but bullets matter. I want you to show me how coins that are open-source with renounced contracts and ownership are subject to manipulation. If you say the prices fluctuate, its called a market. It's volatile and it's limitations are unknown but for the people that choose to use it as much as possible it's a way to get rid of dollar bills. I hold my savings in usdc and earn 10% interest. Using a debit card with usdc with my purchases. I stake ICOs and collect bnb from it. And stable coins are backed by something even if it is another fiat. But China and America want to corner the market with their own coins.
My usdc is fdic insured, same as your weak ass checking acct