This is literally Bitcoin's Game Theory playing out in real time.
Discussion
“in retrospect…”
Win if they do, win if they don't - one just makes it happen faster.
That's my mentality 🤝
Governments will accelerate adoption because they're being overbearing or because they're diving in. One way or another, Bitcoin wins.
This was literally the exact example, I think in "The Bitcoin Standard".
Doesn't get any more by-the-book than this.