Yes, now the situation is different with the involvement of the government, which is trying to study crypto so it can collect taxes on it. We cannot deny that even though no government controls crypto, we live in a country. Each country's government wants to collect additional income as taxes to improve its economy.
It seems like people already understand that even though the government is involved, namely taxes, people still use crypto. People who already understand will not see it as a problem because they are just trying to follow the regulations made by the government. Even though there are regulations from the government, as long as people can still use crypto, they will continue to use it.
It won't drive people out of crypto. They will stay in crypto because they see the potential profits they can make. Taxes are something they have to give to the state, while the profits they get can still be as large as before. Like it or not, we have to accept regulations from the government.
Trading has not been legal in my country till now, but I am afraid that even if trading becomes legal in our country, taxes will be imposed by the government so much that a common man who is still trading on low income will not be able to do it. He will not be able to trade.
If you see, we are still paying taxes, in the case of mining, we have to pay the tax on mining BTC, on top of selling BTC, similarly, we have to pay the fee for buying other alternative coins, and even while selling. If we have to pay the fee, we will not be able to afford more government tax on top of it. Therefore, not having some things is better than having them.