In my opinion, BTC is not a traditional currency like gold and silver because it does not have any use value, so it is not a credit currency. It's basically just one use, money laundering tool. The tool explains why bitcoin prices are spread across the country and abroad. Domestic money is changed into bitcoins and then physical transportation to overseas exchange for foreign currency escapes regulation and the cost of money laundering is lower than before, and the risk is low.
I have the same opinion with you. So it is taking advantage of money laundering, but no organization can collapse it. Because when Crypto collapsed, the world economy would certainly be degraded more severely. So this is a great market for those who want to get rich quick.