Would banks and governments actively work and implement countermeasures to undermine this process? Are the underestimating the potential of cryptocurrencies by investing in some of them?
Do you think there is a possibility of cryptocurrencies being banned in the future for the reason of being a threat to "normal" currencies?
Government can change the status of cryptocurrency in the world. They can impose regulation in crypto and they can ban cryptocurrency in the world. Government holds the citizen, everything in this world is being manipulated by the government.
We can't deny the fact that government impose taxes and banned crypto not because they care about the future of the citizen and economy but they want to eliminate the decentralization.