It can be, but it needs to take certain drastic steps. I must admit that the easiest place to implement those drastic steps is my very own ignorant US of A. Because we will allow our government to do anything as long as it is aimed at any of our many prejudices. If a government manages to impose a one wallet rule and cracks down on all others it can be accomplished. The 80% Chinese fact is worrisome because it has the makings of a basic Federal Drug Opeation, meaning: wait till they get fat and then go for the Big fish, the Chinese Government can actually and up controlling a Major Blockchain. A Government of the people by the people requires aware and educated people. Looooong way to go for us.