I believe that it is precisely because it is hard to "control" cryptocurrencies that governments will turn to plan B: suppress, ban and sabotage. I used to be a stock trader for years and my focus was on precious metals and the PM mining companies. As you probably know, the US Fed has no love for gold or any other "real" money that competes with their phoney fiat money. So, they have had a strangle-hold on the price of gold and silver for decades.

At the beginning, the big government players ignored crypto currencies. However, this will not last. I don't know when they'll drop the boom and start an epic beatdown on their new currency competitor, but I firmly believe it will happen.

Can people still make money off crypto currency? Of course. They should be aware, though, that the Mother of All Shakeouts will eventually be coming. So, when it comes my advice is this: "be the first one to panic, since he who panics first, panics best." In 2008 I foolishly did not follow this advice. I didn't panic when the mining companies all started to tank. Then, they tanked some more. So, I doubled down. Then thay completely tanked and the bottom fell out. LOL! Lesson learned.