Fear is truly powerful. Think of Bitcoin in the last half of 2017. Fear of loss made loads of people jump on the Bitcoin band wagon. They invested, and in 2017 the price of BTC went from $1000 to $20,000. Then the fear of economic collapse stepped in, and the big boys in banking privately "advised" the Bitcoin devs and miners to raise the price of BTC somehow. The devs and miners, out of fear of the bankers, gave in and cause miner's fees to rise, which stemmed the rise in the price of Bitcoin. Ah! Bitcoin is centralized after all, and has become another Buttcoin.