isn't it just handing the control & power from governments/banks to a small group of wealthy whales?
In general, humans in traditional times when they were not familiar with fiat, they exchanged goods with goods, this method is often called barter, whose names humans are never satisfied, desires, with the development of advanced civilizations to make life easier, but with the era of modernization and globalization with the support of technology makes people want faster survival in economic exchange can be a matter of seconds, that crypto is better now than fiat.
The pope, the bank and the government are different elements they cannot manipulate crypto.
The crypto market was never regulated by the pope and the government, that is the market manipulation that often occurs, caused.
Large/rich whales, this type of whale is very dangerous can play very big on crypto, this could involve international companies or their countries have financial resources that are executive, not government but pope, their finances may not be counted.
Because they can influence buying crypto and can radically influence investors, investing in crypto in the market.