Think of the way governments tries to Establish different regulations and laws on Bitcoin this leads to see the feuture of Bitcoin will be good more than the way we think. Government should not underestimates people's Power and Bitcoin strengthen by It's users
The people's power will strengthen Bitcoin?Really? 98% of all Bitcoin users are using BTC only for the perspective of making more money.If that perspective is gone,they will dump Bitcoin pretty fast.
I guess you are overestimating the "power of the people".
Anyway,regulations should be followed,only if they are good for the cryptocurrency ecosystem.
If they are bad,all the hardcore BTC supporters(probably 2% of all BTC users) will move into the darkweb and continue using BTC.