They have been trying to do this since the birth of crypto. And what have they really achieved that was not already there? Nothing at all. People still can anonymously buy and trade crypto all they want and nobody is the wiser.

Same goes for the internet. Sure we may have many laws for the internet but you can circumvent 99% of these laws with a simple VPN. Or just use the dark web by accessing it through TOR.

The truth is that the governments have no power and they can only bark. Anyone who falls in line with their orders has only themselves to blame. Everyone else knows they can't actually do anything to crypto or the internet.