The language the OP uses is just wrong and actually shows that there are
people out there who are maybe a bit misled as to what bitcoin was created
to do, what it has morphed into and the general workings surrounding it.
As others have pointed out, there was and is no promise.
"How the people will have control of their money" well we all have control of
our own bitcoin regardless of its FIAT value.
I cannot see bitcoin going as low as $1000, the buy orders for cheap coins
would kick in long before it got that low.
Please do not come back with the I know more than you attitude. I am expressing an emotion felt by many right now. Yes you are correct there is no promise and there was no promise - everyone takes there own risk with Bitcoin which I do understand. My point is that the infighting and the childish behavior of so many people in the crypto community is what will inhibit its general adoption. Like it or not most people are in Bitcoin for investment and making money and not some idealistic free the world notion.