Sure, cryptoenthusiasts can hold on to crypto all they want, but in a scenario where buying and using it is about to become incredibly difficult or even illegal

Sure, cryptoenthusiasts can hold on to crypto all they want, but in a scenario where buying and using it is about to become incredibly difficult or even illegal, the value of Bitcoins isn't going up. Given the concentration of miners, I'd rate the Chinese government as potentially the bigger regulatory risk though...