I'll Be The Devils's Advocate Against ETH - Play With Me

Let me begin by saying I've been a believer of ETH and holder since 2017 and never stopped believing in Ethereum's potential in general.

Now that we are entering the mass adoption stage (or getting closer to), a few what if's come to mind and I'd like to get your thoughts on these.

Fact - BTC and ETH market caps got higher than Facebook's and ETH's higher than Samsung's. BTC's alone more than BoA and JPMorgan combined.

That means a whole LOT of Fiat currency has been converted into cryptos. IT turns out that the same cryptos could just shrink and make these fiats disappear into thin air, should prices drop and trigger a massive panic sale.

What If #1 - Call me a conspirational theorist - I'm putting my paranoid foil hat here - What if making all this fiat money disappear (through extensive market manipulation) had always been the plan to counter the fact that the US and other countries have been recklessly printing billions and billions of non-backed dollars for decades? Could it be a way for the governmental treasuries to save the economy as we used to know it?

What If #2 Think of a scenario where the top 1% of global wealth owners would have devised a plan to suck up even more of average Joe's savings. I know it's far fetched and would be the #1 plantary scam of mankind's history.

Maybe one of the source of my concerns is the impact the media has on the prices, with the news that can switch from red to green overnight. A bearish news come out, for example, Tesla no longer accepting cryptos, and the crypto market suddenly turns sour, making billions $ disappear. A few weeks later, Mr Musk tweets he bought a puppy and markets go up again. Doesn't it take more fresh fiat money to pump the prices up again?

Sounds like market manipulation, doesn't it? Many giants have been issuing contradictory stories if your memory is good enough.

Another recent example is the concept of ETH becoming deflationary after the most recent upgrade. So many ETH burnt, how wonderful! (hem) Well it turns out it's not always deflationary, and the upcoming hard fork won't make it more deflationary, so why all the noise about deflationary if it's not the case? I'm confused, and I've read a lot about it. It just seems the theory has changed over the course of a month or 2.

In the past 2 weeks, news and signals lead to believe in a new push upwards for ETH and other coins, still I wouldn't be too surprised if a really bad news came out this week and made the market crash just when everyone's expecting the moon.

I understand the crypto market is volatile, my positions are for the long term, and my hands aren't weak.

I'm just curious to know your thoughts, and wish everyone including myself that I'm just slightly paranoid.

Thanks in advance for your 2 gweis!