You don't have to be a genius to predict that. The only question is how quickly it will happen, and that depends on how intrusive the states are, how much money the central banks print, and whether people understand all this
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Let it fail. Institutions have already shown to favor control over community values. Why Bitcoin is preferred over XMR; Why ETH is more valuable than ETC. You'll be fed a narrative that LTC is silver and DOGE is copper; when's the last time copper was more valuable than silver? What makes Bitcoin gold?
Banks supporting an asset built to debase them should tell you it's broken. You're told to buy because they own it, but we don't need it.
