Come again? I don't think you know what you're talking about...
Simple example:
https://en.m.wikipedia.org/wiki/Tether_(cryptocurrency)
> Research by John M. Griffin and Amin Shams in 2018 suggests that trading associated with increases in the amount of tether and associated trading at the Bitfinex exchange account for about half of the price increase in bitcoin in late 2017.
Bitcoin is absolutely related to tether. Tether mints a billion coins and then exchanges them for bitcoin, voila, bitcoin price goes up.
I'm not sure what your actual gripe is, but you certainly have no idea what you're talking about.