Only some failure of the technology itself would result in the entire network value of BTC being less than the wealth of one well-off person.

Government action will not have this result…if anything it will make BTC even more valuable.

They demonetized gold, but were never able to destroy it. People who have gold have been well protected.

Bitcoin is anti fragile. Whatever the attack makes it stronger: we will continue to print books on how to make printing presses, until they can no longer burn enough to matter.

Governments that embrace it will create a brain drain on the ones that fight it.

It is self defeating: The EU against fossil fuels? Let’s see how that plays out. If there are some people that want to starve and freeze to death, there are plenty more that aren’t going to just lay down and die.

Look at Nigeria: let’s see how many stop using BTC there.