Government should not underestimates people's Power and Bitcoin strengthen by It's users
It goes both ways. While the government can't kill Bitcoin for obvious reasons, it can definitely HEAVILY cripple it's adoption. Imagine if the US government declares ownership of bitcoin to be illegal? It's almost guaranteed for it to drop the price and adoption. Regardless how likely or unlikely it is, it seems like people aren't taking this into consideration when investing in bitcoin.
This might actually start becoming a problem after the pandemic. The pandemic is pushing the governments to introduce serious restrictive measures, including major privacy violations, in order to combat the spread of the disease. The measures that have already been introduced would have been unthinkable months ago on democratic states. The problem is, once the pandemic is over, it might be really hard to fight back and demand the previous rules to be enforced. In fact, many countries which were already in the middle between democracies and dictatorships can feel motivated to switch the course... As Bitcoin, while not anonymous, still allows to transact online without showing identity, stricter regulations might be proposed to change that.