Well lets hope governments jump into the crypto band wagon other wise say bye bye to cryptos, they will be nothing but a bubble to remember. Don't listen to John he is always in trouble with governments. Don't be a crypto holder that wants a government to back off, be smart investor and understand that regulation is what is best for all of us who are in this for the longterm.
Regulation is not coming easily and anything which threatens the hegemony of governments is certainly going to take time to become the part of institutional structure.