Often I see posts or comments wondering about what would happen if banks or some powerful entity would end up shutting down crypto for good, either by not allowing purchasing crypto assets, or by not having any way or form of using crypto as an actual currency.
These fears are, in part, justified; it's obvious that no one would like to lose money, even less, lose money you started investing in hopes of achieving some sort of financial freedom. But people need to understand something, crypto is just WAY too big to ever be shut down.
Shutting down crypto could have been a possibility (albeit a very, VERY small one) maybe in 2009 when it was just Satoshi and other random guys on the Internet mining worthless bitcoin (at the time, at least). But now we have big DeFi projects, countries making Bitcoin into a legal tender; millionaires investing in crypto; companies investing in crypto.
Cryptocurrencies and DeFi in general are here and nothing will stop it; just like the Internet, it's inevitable. Guys, US is not the center of the world, neither is China. China just banned crypto once again, and if you check the charts, Bitcoin is getting closer and closer to being 50K once again, in a matter of months, that is.
We have ETH, Elrond, Cardano, Algorand, and other projects/blockchains that are working on products that will bring real solutions to real problems. Crypto won't go anywhere, we are still very early in the game, and will definitely end up being winners once crypto becomes the currency to use.
I'm no financial advisor, and if you still want to believe that crypto is doomed, I can do nothing about that. I'm balls deep into crypto, I believe in the technology as well as in the financial gains, and you can bet I will hold through all these black swan events and/or bear markets with diamond hands.
Edit: grammar
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