A major reason that cryptocurrencies like bitcoin have never taken hold in the US as anything other than speculative assets (that’s what economists call casino chips) is that we already had a stable, well-regulated currency and banking system. But, you know, whatever.

https://www.wsj.com/finance/currencies/trump-family-has-held-deal-talks-with-binance-following-crypto-exchanges-guilty-plea-05b029fa