The blockchain (technology) as a means for moving value from one place to another is undoubtedly better (far superior) than the current banking system's technology.

So, the only question is how the government responds...

A Black Friday event is on the horizon for cryptos as governments will never give their tool of being able to print currency to infinity to inflate away their debt (inflation as a public policy tool).

Remember, they banned gold for 40 years, they very well may attempt to outright ban Bitcoin in America, in the EU or globally, I wouldn't be shocked.

I was there when they banned online poker several years ago, and America remains, not free to play poker online. Nothing should shock anyone the lengths government will go, especially these days in their desperate days.