crypto can stand alone without being supported by the government, the development of crypto until now is mostly entrepreneurs or business people who are fighting for crypto to be famous until now so its value is very high.
Let's be fair, the price of crypto would not have reached this high if not for Government's acceptance. A lot of mainstream users (including institutional investors) started buying when crypto was classified as an investment asset.
After Bitcoin got created, the government did not accept it then and even until Bitcoin started to gaining alot of value, the government didn't contribute to its growth and I still don't see any very big thing that the government are doing to promote BitcoinBitcoin, because they are still the ones that called Bitcoin a scam from the start and yet in some countries, Bitcoin is still ban and people who are using Bitcoin in those countries are doing it secretly not to be caught.
This is actually quite true, as for many years now the existence of Bitcoin, has had many governments regarding it as more of a menace than anything else. They view it as a force of nature and that is why many countries have not adopted it to the maximum potential. At the same time, Bitcoin development has been organic supported by its community and users with little or no interventional support from governments. By this we mean that up to now, there is lack of any active involvement or supporting of Bitcoin by governments in a broader sense.
Somewhere the use of Bitcoin is still restricted or prohibited completely and the individuals have to make their transactions in the surreptitious manner. As it is seen here the perception of government on Bitcoin greatly differs based on the regulation policies of its country. Oddly enough, despite being regarded as a scam by some government representatives, Bitcoin keeps on establishing itself as a digital asset which worth on the global level is acknowledged. With time the role of BTC in the growing digital economy may present challenges to government to continue to ignore the existence of bitcoins.