I don't know why I have to keep explaining this, but cryptocurrencies can and will be regulated using exactly the same mechanism that basically everything else is.
The government makes some rules, asks you politely but firmly to follow them, observes carefully to see if and when you break them, and then beats you with a (usually, but not always, metaphorical) rubber hose until you choose to comply. Nothing about crypto interferes with this process, even theoretically.
In my opinion that cartoon is possibly unrealistic. I think many people might fail to recall a password correctly while drugged and being hit with a wrench. I suspect I would.
I don't know why I have to keep explaining this, but cryptocurrencies can and will be regulated using exactly the same mechanism that basically everything else is.
The government makes some rules, asks you politely but firmly to follow them, observes carefully to see if and when you break them, and then beats you with a (usually, but not always, metaphorical) rubber hose until you choose to comply. Nothing about crypto interferes with this process, even theoretically.