Nothing to worry about. The rich are making money. What's to worry about? Oh, the rest of us are being fleeced by crony capitalism working with socialist government policies to bail them out? Damn... better ignore the negative, it's not pleasant. It will all work out. Trust in the system!
You're exactly right. It makes zero difference which political parties are in power. For the longest time, the financial markets have been divorced from the real economy. Ironically, every bit of criticism based on the lack of intrinsic value of cryptocurrenies can be leveled against most mainstream asset classes. Soon, stocks will be nothing but centralized shitcoins whose value is nearly entirely speculative and divorced from the key figures of the underlying businesses. But doubly ironically, Bitcoin and all other cryptocurrencies with it are valued as highly as they are on the markets because of the exact same thing that causes stocks and bonds to be separated from fundamentals: unlimited QE by central banks.
Loose central bank money is the fundamental reason why both BTC is worth > $9000 and why stocks soar while main street is in a death spiral.
Can you imagine what people will say when the blockchain maybe even Bitcoins blockchain is validating the authenticity of physical gold. They want to do this with food, track every single bit of information about the food from seed to shelf to consumer. It will happen with most assets eventually i believe but can you imagine if Bitcoins chain was authenticating and monitoring physical gold. The two would become inseparable, and the world would have a currency which is backed by the fact it backs everything. Its mind blowing.
Supply chain and authenticity validation are one of the most important use cases of blockchain technology particularly in countries where frauds are commonplace in the food industry, for example.
Living in a fantasy is great. WHy let reality bother us :P Bitcoin is more limited, so are most the other pow and pos cryptos, so at least there's that :) But there is a lot of inflation in some places ;)