To set the record straight before it gets real messy, the establishment is waging war on crypto not for the "safety of the people" but for the safety of themselves and their lofty place on top and in control.
Truth is crypto is so revolutionary and such a powerful and useful technology they have no way to stop it, and are so desperate they are now using outright blatant censorship and not even adhering to the rules of capitalism they love so much, that is how valuable it is.