Simply taxing and profiting from it will not help them keep control of the monetary supply.
Crypto kills big G.
There’s a reason you see totalitarian governments such as Russia and China doing a full court press to make crypto illegal.
I think crypto has the the same intrinsic value as any Fiat currency.
As long as the infrastructure supports it, it will have some kind of value.
I like heavy metal stuff of all kinds, even vinyl but I do not see lots of demand or understanding.