One of the big "selling points" of Bitcoin is to "be your own central bank" and take control of your own finances. If secured correctly, Bitcoin is very difficult to confiscate by force, and it can even be extremely difficult to even know how much someone even has.

I have been pondering what exactly TPTB could do to try (keyword) to derail BTC from a legal or technical perspective and one credible threat that I do believe exists is one that we may note from the recent GME / Wallstreetbets debacle with collusive entities working to eliminate fiat on or off ramps through legislative pressure such as India seems to be doing.

This would serve as a watershed event between the ideological or philosophically inclined users and those merely seeking profit which would likely panic presenting a problem albeit not one that would be insurmountable in my opinion.

People could still exchange crypto person to person which isn't nearly as nice as what we have now but nevertheless the user remains in control.

On a technical level, regulators would have a hard time playing whac-a-mole with node operators of decentralized exchanges and whatnot and hopefully they would eventually deem such efforts as being futile. It's hard to say what would happen if that day should come but sure diehards like us are ready to buckle in for the ride.

Interesting times we are living in and way I see it. The more power people take back from the ruling class who likes t play games with our livelihoods, the better.