In short, it is doing both at this point in time. Here me out.
There is no denying the west is undergoing the process of having its power over other nations forcefully relinquished through an orchestrated campaign of social engineering and wealth redistribution on an international scale. While the leaders of weaker nations are paid off to fall inline with IMF loans large enough that they can barely be serviced. Resistance to American exceptionalism is retaliated by way of coups like in Venezuela currently.
How does cryptocurrency facilitate these evils? It doesn't. Rather it seems to be an effective counterbalance to the madness.
It does demonstrate, however, our willingness to transact in a single digital currency across boarders. Which isn't a problem in itself unless a single fiat currency issued by the IMF is accepted by the world over their existing fiat currencies. Sound familiar conspiracy theorists? Really now, what are the chances of this happening if Bitcoin and other cryptos continue to draw energy from the central banking system?
People are desperate for any asset class that will actually preserve wealth in this risky economic environment. As far as I see it, under the premise that every asset class should be treated as speculation since markets are manipulated to no longer function as markets, Bitcoin rises above them all for now. With the financial centres of the world (QE money) now seeking profits in it, however, are we being mindfucked into a sense of security that does not exist yet? I think we are. Stay vigililant and make those 1's and 0's work in your favour :)
Don't forget to upvote, resteem & follow.