Govt/TPTB do not want to stamp out BTC, rather, both have a desire to control it and develop further the blockchain tech. Every semi-enlightened idiot in the world learns to distrust others with money. rumours have it, that the IMF is seeking a tech for the new currency that will no doubt be fostered onto us all. In fact, we already have a USD/fiat crypto called Tether. I am sure there are many others.
For those already involved in the Crypto space, watch for a western version of the 100 flowers campaign.
Very interesting chart from someone on twitter called 'Plan B'. Link: https://twitter.com/100trillionUSD
Chart shows the last 3 bull runs and where we are now. Variables are very 'cryptic', but mining difficulty is related to price and is a fundamental metric. Is the next bull run about to start?
I would say we've been in a bull cycle since April of this year. Have just been in a consolidating pattern lately, gearing up for the next leg up. Just can't complain, $10,000 BTC looks like the new floor.
Dr. Craig S. Wright (Satoshi Nakamoto) won a court case in the UK today regarding the right over the Bitcoin White Paper. if you notice below BSV is not supported on Coinbase (and many other large exchanges). There is a campaign of suppression going on, but this is good for keeping the price down so those in the know can get in and accumulate.