It is just exactly as you have pointed out. The truth is that any advancement that is technologically innovative isn't actually means to completely replace Or destroy but to majorly complement and enhance. The truth is that having digital accept compliments physical except means people have more opportunities to create balance and reduce the aspect of uncertainty when it comes to ownership of property and wealth. This is what the US government is currently not understanding. Crypto is meant to enhance and not to really destroy or replace
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I'll be looking it that way going forward. Finding ways to combine the two for an optimized investment portfolio. I think they can compliment each other beautifully.
The US government missed the point with crypto, it indeed isn't here to replace the tradfi system in its entirety.