Bitcoin, Ethereum & Federal Reserve

Cryptocurrencies Bitcoin and Ethereum are up 280% since the beginning of this year.As of today approximately $49 billion of Bitcoin and $36 billion of Ether are the outstanding valuations.Those figures are dwarfed by the approximately $ 4 trillion amount outstanding of the worlds currencies. That would be the folding stuff in our pockets. But my folding stuff is not up 5000% since the start of 2017.My twenties and tens are still at face value but a little more wrinkled. So going forward should crypto currency be included in my wallet? I can have leisure in making a decision. But one person is thinking harder about what crypto currency might do to her job. That would be Federal Reserve Chair Janet Yellen. She 's determined not to go back to that kosher deli in Manhattan. She and the whole house of cards that support human civilization through the tool money is being threatened.Right now crypto currency makes up about 2% of the traditional currencies issued by the Fed, Japan, Eurozone, China et all. Small? Yes. But that 2% didn't exist 6 months ago. Crpto didn't move the needle.What's the Fed going to if anything about the upstart? I would think that Yellen has to make the dollar a better store of value. To that purpose interest rates will have to go up probably more than people expect. Also the Fed has to shrink the balance sheet. At the moment the balance sheet is at $ 4 trillion.Number coincidence with current world wide outstanding paper? That will definitely get rates higher.According to a news blurb last night on the Nightly Business Report the Fed has moved up the start its balance sheet shrinking to September 2017. That's a ninth month speed up.Bitcoin and Ether are once in a lifetime or many lifetimes game changer.Fiat money as per central banks game plan has finally met its match. The complacency of gold and investor sentiment and volatility can be somewhat better understood by judging the performance of cryptocurrencies and concluding that chaos might be around the corner and its foil may be Bitcoin and Ether. Here's a question. All the debt in the world is based on central bank currencies. So how will those obligations be met?