Will Governments prohibit Bitcoin/Cryptos or will they tax them?

In a recent post @jwolf made fun of the claim, governments would eventually destroy Bitcoin.

My question is: Would a Bitcoin transaction tax qualify as "destruction"?

Cryptos are a young phenomenon that hasn't caused to much damage (except maybe from N-Koreas(?) attempts to built a bot network for mining purposes), which means there is not much reason to shut it down.

The situation will become different, as soon as the central banks monetary measurements lose their effect - well the ECBs policy is already out of control - and they trace the reason of why their interest rate policy doesn't work anymore back to cryptos.

As soon as people take their fiat money and protect it by transforming it into Cryptos, then government hell will break lose. It won't be different to other monetary experiment like the one in Wörgl in Austria in the 1930s, or in other places, where people decided to set up their own currency and the project started lifting off.

Central banks insist on their monopoly. This counts especially for competition that poses a threat to them. So, as soon as Bitcoin becomes a real danger, you can assume their attitude will change.

But there is something else. Mexico's central bank head Sancho McFatty just recently said, Bitcoin should rather be treated as a commodity and not as a currency of whatever sort.

What that means is very simple: Cryptos wouldn't be prohibited, but taxed with the hefty sales tax, which is usually at somewhere 10-25% depending on the place the transaction takes place.

That would effectively be the end for most of its existence. The prohibitive entry level of that market would be so high, that only large corporations, banks or central banks would be able to make trading Cryptos profitable. For example UBS, Deusche Bank and others are currently setting up the "utility coin" for easier inter banking transactions. Russia too is developing a national crypto currency and last but not least, Illinois is planing to use the blockchain technology for prescriptions.

Overall, there are not just a lot of possible applications out there, but also applications that are government sensitive and - politically the most intriguing aspect - Cryptos promise a ton of tax money.

So, the question is: Will governments start taxing Bitcoin? Will they effectively kill it off on the consumer end because it is not just a threat to them but because it also is a convenient source of income?

Let me know in the comments!