If crypto was actually a viable alternative they wouldn't be doing this.
I'm not against the promises of crypto - but the tech so far has failed to deliver anything but a platform to streamline illegal activity, asset speculation bubbles and a whole bunch of wasted energy/hardware along with reliving the problems people had historically with bank fraud in free banking and the likes (banks printing their own notes without cover till you get a bank run - this is why central banks were invented ...)
I'm not against the promises of crypto - but the tech so far has failed to deliver anything but a platform to streamline illegal activity, asset speculation bubbles and a whole bunch of wasted energy/hardware along with reliving the problems people had historically with bank fraud in free banking and the likes (banks printing their own notes without cover till you get a bank run - this is why central banks were invented ...)