There is a side of me that says, "let the congresscritters legislate and the regulators regulate." We will ignore them. Time to winnow out the speculators and build a proper black market with free (as in freedom) money.
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Unfortunately I think the only way bitcoin succeeds is if it works with lawmakers and regulators as opposed to goes around them. A free peer to peer electronic payment sounds great until its used to launder money, finance terrorism, human traffic, pay for hitmen, evade taxes, evade sanctions, and all the other nefarious things that people tend to do... While some people may be ok with that, the largest governments of the world are not and they have armies and jails...
Money laundering is not a crime.
Governments fund terrorism directly with official money.
Human trafficking is not created by crypto.
Assassination is as old as Cain and Abel.
Evading taxes and sanctions is noble.
Try using those in a court of law...
Legality has no moral or rational authority. Remember, slavery was "legal" and the Underground Railroad was a "criminal conspiracy to deprive people of their lawful property."
Irregardless, it has jails and armies...
All the more reason to not allow them to acquire even more power over things that were created to be trustless, decentralized solutions to government monopoly messes.
Lol allow? How do you plan on not "allowing" that?
I'm not sure you really understand how the world actually works...