It's just an example and I'm not invested enough to defend it. The main idea is that governments have a lot of levers to add friction (as Consultant32452 said)

It's just an example and I'm not invested enough to defend it. The main idea is that governments have a lot of levers to add friction (as Consultant32452 said) and if you think that governments are just going to peacefully concede their ability to control something as fundamental as money to the crypto illuminati, you might be in for a surprise. Another possible lever is government control over regulated financial institutions.