Govt/TPTB do not want to stamp out BTC, rather, both have a desire to control it and develop further the blockchain tech. Every semi-enlightened idiot in the world learns to distrust others with money. rumours have it, that the IMF is seeking a tech for the new currency that will no doubt be fostered onto us all. In fact, we already have a USD/fiat crypto called Tether. I am sure there are many others.
For those already involved in the Crypto space, watch for a western version of the 100 flowers campaign.