I am no oracle on this. But suppose they also shut down all the big exchanges and make it illegal to use them, and prevent companies from accepting crypto. Is it obvious who wins?
How can the fabled mass adoption happen with an illegal product and masses who believe in any kind of propaganda they are fed like "woke" and the rather obvious covid lies?
I suppose the pendulum may turn one day, and people will finally get over this extreme-left attitude that has gotten hold of them, and start thinking rationally again, who knows.
But even then, beginners will want big reliable exchanges at the very least. And even now, most computer savvy people I know treat cryptocurrencies as an investment only.