I for once agree with these council suggestion, 100% bank reserves for cripto-things. The world doesn’t need to add more instability to the FIAT system.
Could you point out where you see problems?
however for me, I am supporter of extremely limited government, as such commodity based money is a natural limit on how much government a civilization can have, as government can only directly tax soo much before the citizens revolt, fiat currency allows them to tax by inflation and take on far more debt than a commodity currency would allow.
Also fiat currency makes War between nations far more economically possible.
You forgot Elon Musk's tweeter account, which seems to have a lot of sway for reasons opaque to me. Then again, I think those fraudulent bitcoin-giveaway bots that pretended to be Elon primed the pump for him