This is going to happen. Kind of. This is how it will go down, pay attention people...


As you have seen they have been cracking down on exchanges one after another in an attempt to create bottlenecks. They will implement all the same KYC and AML regulations in the exchanges and make them under the same controls as banks, and effectively and legally liable in fiat.

Eventually the focus will turn to the protocols themselves, and some coin teams will cooperate, and some won't. The ones that cooperate will be given full access to the banking system, including nice streams of fiat money to pump it up and incentivize people to go to them and leave the others. Note they don't need to really buy the coin to do this, this can be done with various manipulations such as messing with margin calls with short trading to simply holding fractional reserves of the exchange's purported full amount among other things.

Next they will start criminalizing protocols that don't essentially force KYC and AML regulation enforcement. There will be the "good" coins, and the terrorist, Iranian, hacker, Russian, money laundering, global warming, North Korean, drug dealer coins. They will tack on whatever labels they can, and people, ignorant of the systems as they are, will suck down the lies and ask for more.

Cryptocurrency has been disruptive, but it also fills many of the stated goals of the monetary elite and the internationalists. Primarily the desire to get rid of cash economies, and the desire to implement a digital world currency. Cryptocurrency is quite the conditioning mechanism for getting people comfortable with digital money, and building the next generation of rubes. The technology is capable of freeing humanity, but be ready for its subversion, because it always comes to one degree or another.