Well, this is just the real world. There are important factors why governments are trying to regulate the instrument to make sure that there are no bad actors using it. It really defeats the fact that it is private, but I think it is better for the majority.

Imagine people getting scammed because they don't know any better. The majority of it is coming from laypeople who are not really into tech-savvy stuff. Who are they going to blame if not Bitcoin? They didn't know any better, and they should be helped to get back some of their investment. I think this regulation of cryptocurrency is to prevent scamming.