I understand that in particular cases (e.g., hyperinflation), you may prefer cryptocurrency, but for the vast majority of people, official currencies and regulated banks are much safer and practical.
I converted all my fiat back in the days to crypto. I didn't feel safer back then, but later on as the value skyrocketed and I diversified crypto gains to all kinds of assets my comfort level increased very nicely. I still have good stake of crypto, now I wouldn't feel safe not having some amount.
Given that our government is democratically elected and all laws have a democratic foundation what you call freedom I would call criminal.
In that regard cryptocurrencies have a problem.
No, cryptocurrencies don't have a problem if some random guy on internet thinks nonsense.
Kin has more in common with banking than crypto. It was just a blatant money grab by a company with low enough morals and the stupidity to do so and think they were above the law and wouldn’t be punished for blatant disregard for securities law.