>These customers weren't actually asking for the Bitcoin itself, but for the amount of money (dollars) that that Bitcoin would now be worth.
Does it really matter (if it's actual Bitcoins or the amount of money in USD those Bitcoins would be worth with current prices)? It's the same value, I am sure customers would've been fine with either, their problem is that they are going to get the November 2022 price. This is a side-effect of having an asset pretend to be currency: the law doesn't care about someone's "decentralized finance" fantasies, it's an asset as far as the law is concerned.
> It's ironic that, as you say, cryptocurrency is designed to work around the banking system and its regulations. But now these same people who owned crypto, want the government system to bail them out. Seems to me they want it both ways.
Yes they do want it both ways, yes it's ironic, no they are not going to get what they want.