If Bitcoin will continue to thrive as an investment and medium‐of‐exchange‐in‐waiting “until the authorities do better” at managing fiat money (and at allowing financial privacy), then Bitcoin may thrive for a long time to come.
Police represent the front line of our criminal justice system. If that system is rotten and in certain respects morally indefensible, ire will be naturally directed towards those most responsible for dragging people into it.
A Biden administration has important incentives and justifications for trying to restore the more cooperative status quo that existed before Donald Trump became president.