Oligarchs are well taken care of by the traditional offshore banking industry. They don't need to fall back on crypto like regular folks.
[1] https://www.investopedia.com/news/what-north-koreas-role-bit...
Iran's rulers might or might be oligarchs but the use of bitcoin by the Iranian state[1] seems like good evidence that crypto isn't just for the little guy.
[1] https://www.reuters.com/technology/iran-uses-crypto-mining-l...