Don't look now, but i've read more than one article about the Fed thinking about implementing an "official" crypto currency.
Can you imagine the benefits to a despotic government? All your value is stored as numbers on a computer system which they would control? Tax increase? "No problem!" Seizure of Assets? "Easy Peasy!" Share the Wealth? "Just push that button right there."
"And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: 17And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name."
Look, at any time you can take your usd, or fake currency...and buy an asset to fix its value. You could buy gold, bricks, chickens, gravel, logs, cows, rare art, diamonds, rubies, silver, copper wire, aluminum, old cars, planes, stocks, houses, salt, raw land, and ........fix the value of YOUR money....to the value of whatever society has...
Bitcoin right now is a very limited float item. To get YOUR interest, some whack jobs tighten the supply, then run the price up unregulated by manipulating it. They hope they suck you in, and get you to buy at some artifically inflated point. Here there and everywhere, folks have warned YOU that getting into bitcoin and beanie babies is very stupid. When you dont’ listen, they tell you to hug your dog and have a good cry... IMHO, your dog should bite you and find a smarter owner.
You have described the system we have right now. Bitcoin is simply an accounting system not controlled by the Fed.