I look at the world and I believe the state is capable of shutting down internet access. I believe the state is capable of closing all centralized on and off ramps from bitcoin to fiat. I believe the state is capable of identifying people who have used bitcoin and using violence to put them in prison. I believe the state is capable of seizing mining equipment or removing miner access to power. I believe the state is capable of pushing all bitcoin usage to paper bitcoin and putting such onerous kyc requirements on bitcoin usage that few people use it.

I believe a lot more about the state, but what I don't know is whether we have reached a point where the state can't do these things anymore (because bitcoin usage has become so widespread) or whether the state simply has no appetite for it. It's also possible that these are the same thing...until a regime change.