It would be easy for the elite to take over all the crypto markets just by simply buying it and exchanging it though third party wallets which you would need all the same criteria as you would to open a bank account (you would never hold the crypto in your own wallet the crypto would simply be exchanged from one third party to another or from one account holder to another within the same third party wallet..Then they would charge fees and eventually issue loans at interest...The problem is the majority of people invest in crypto to make money like buying a bar of gold...The only way to keep the crypto out of the control of third parties is to exchange it for goods and services at the local level, with small businesses etc..Eventually peer to peer trading will become extinct!