All it takes is for the US and EU to ban cryptocurrency itself and the problem goes away. It doesn't matter if mining is done in countries beyond their borders

All it takes is for the US and EU to ban cryptocurrency itself and the problem goes away. It doesn't matter if mining is done in countries beyond their borders because the demand will go through the floor and those countries will have no incentive to keep wasting energy on it. The idea that cryptocurrency is beyond government control is fundamentally wrong. Most people don't want to be criminals.