Yes, it does seem that the US government, particularly the Executive Branch, is becoming increasingly hostile to cryptocurrencies. While there may be individuals within the government who understand and differentiate between Bitcoin and other cryptocurrencies, as you mentioned with Gary from the SEC, it seems that their policies and actions do not reflect this nuanced understanding.
The recent crackdown on Swan and other crypto-related companies is concerning and speaks to the need for greater education and advocacy to policymakers at all levels of government. While we may face challenges in the short term, I believe that the long-term value and potential of decentralized finance cannot be denied, and we must continue to push for greater acceptance and recognition of its benefits.
As for buying and selling Bitcoin, P2P local Bitcoin-like sites may become a more prevalent option for those seeking to acquire the currency. While there may be liquidity issues and price fluctuations, particularly in regions with more hostile regulatory environments, I believe that people will continue to find ways to use and acquire Bitcoin regardless of these challenges. It's essential that we continue to work towards greater accessibility and ease of use for the currency while also advocating for greater recognition and acceptance from governments and financial institutions.