But there’s no reason to do that. The POINT of crypto is getting AWAY from the dollar. If people who wanted to use it as simple EFT they’ve already got a million ways to do that (Googlepay, Applepay, Venmo, debit card...).
You can have lawful transactions and not feel a need to get the government involved. Think yard sales.
Just because the torrents haven’t killed content creation doesn’t mean the whole process hasn’t damaged the industry. But torrenting is definitely not marginalized. And non-crypto won’t be either. And none of it will be less profitable. Because, again, basically NOBODY that is involved in crypto wants the government involved. Even the folks doing legal stuff want to be away from the government just because screw the government.