It can be but what makes me feel worried is not about the blockchain adoption because that will happen for sure as so many countries have already stated if they will try to use it as a core on their system. The big question that must make you feel worried about that will that give a direct impact to the crypto? We know that blockchain is a system that used as the main chain for crypto while people are taking the blockchain is a different part and crypto is a separate part in this case.

You may see in some articles already published if blockchain adoption has already started. That is the main problem that must be fixed for crypto to be adoption by the institutional.