RE: A STRONG DOSE OF BAD MEDICINE
To be honest, you're most likely probably right...
The confusing thing is that cryptocurrencies are global, so while some governments will crack down on them and regulate the hell out of them, some countries and some states simply won't. Yes, we'll see all sorts of bully tactics, but I'm hoping Federal governments simply act too slowly to stop crypto completely. In the US, you can see states like Wyoming treat crypto very, very differently to states like New York and the federal government. Countries like Estonia and Puerto Rico probably won't be bullied too bad for being crypto havens.
Admittedly, people are unlikely to move purely to use crypto... but since it looks like a market crash is coming, and most likely a bad one since most Central banks haven't raised interest rates from the last recession, and therefore are out of options when it comes to curbing the market collapses... we might find that the digital gold that is crypto might swell from the ground up and become an unstoppable force while the governments are distracted with their unhappy populations and disappearing tax revenue.
I have no idea how the next few years are going to play out in the crypto space... but I can tell you that as someone who has moved countries and owns property on two continents, crypto is far, far, far, far superior to the current banking system... and that fact alone should ensure it's survival.