It is in the interest of the establishment to manipulate all price levels to make it *appear* that their issued money has the most stable value. This has been going on for about 500 years and is nothing new. The gold and silver standards over the centuries were just very good versions of today's not-so-elegant manipulations.
What matters here is whether the economy grows over the long term. If it comes about through manipulation, then so be it. It looks like you fail to understand that the manipulators ("the elites") are in the same boat with the manipulated ones. They are also vitally interested in the growth of the economy at large. Or do you really think that kings and rulers lived better lives than most people today in the developed world?
This is a key point. Growth is a function of advances in technology, management, etc. and in its natural state needs have nothing to do with the monetary system. What state-money has done is to create artificially fast growth, during the inflationary phase of the asset bubble. We are incentivized to buy things we don't really need. When the asset bubble eventually crashes, we have economic pain.
The way the system works is that the best benefits always flow to the top during 'good' times, and the worst pain always flows to the bottom during 'bad' times. So, you're correct that the elites prefer the inflationary phase too; it's just that the system they set up guarantees that the deflationary phase will follow. On balance, the average member of the elites does much better than the average person, over the long term.
But don't be deceived. Hold on to your Bitcoin and gold despite all the ups and downs, and you'll be fine unless you're too old to see the long term.
Try telling that to people who bought at December highs. Personally, I would stick to gold since as I said, I'm pro-gold deep inside, long-term wise. For the record, I'm pro-Bitcoin too, but I would never trust my life and my wife on it. If you have some funds you want to multiply while your well-being in no way will be affected by losing this money, then Bitcoin as well as other cryptocurrencies may be a right choice after all, depending on your risk tolerance. But no matter how much you are willing to expose yourself to the risks associated with Bitcoin, it remains a highly risky asset.
Hindsight, as they say, is always 20/20. When you're at the December highs, you can't tell if it was a high water mark, or it was like last spring and summer when Bitcoin kept going up and up. Just forget all that, see the big picture, and hold on to your Bitcoin for the long haul. Of course, always diversify your bets, since even if you're correct about the way the system is going, there's always a chance the elites can change the game.