It never ceases to amaze me what some governments try to get away with but as we saw in South Korea the people aren't having it. Even the talk of banning crypto and shutting down exchanges creates a huge public outrage. I think we are going to have that more and more going forward.
The war won't necessarily be a violent one. It will be a silent one.
There is only so much you can stop on the Internet and now that the people are connected all over the world there is no stopping the flow of information. You can try to slow it down but eventually that will be ineffective. As we see with China somehow they are getting to Google and searching BitShares.
People have really had enough of governments trying to bleed them dry with their manipulations and crypto is the ultimate power to the people mechanism.
Ultimately in the United States I don't see crypto getting banned but I could see heavy restrictions put on it where they want everyone to register the crypto the have or that anyone going through exchanges like Coinbase will automatically be on a watch list. Now the number have gotten so great that it would be hard to do that with so many people signing up and buying into crypto.
In the end citizens make up the governments and crypto is too good to resist.
They catch a coin that goes parabolic and they are one of the addicts too!
Overtime they should realize that this is the future and there is no stopping it so they might as well work on integrating it into society rather than fighting it.
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