If I've modelled this right (big if; I'm going off other people's expertise), it's about to get into a big tug of war between serious projects and regulators.
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Big shitload of people will be burned by all the shills, so I think the devs are starting on the back foot.
But they're also smarter than the regulators on average, so... we'll see.
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Biggest problem I can see is all the incredibly smart, but incredibly young and naive creators in the space.
Regulators will rip them apart.
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Lot of people who will realize that no, a bit of cryptography will *not* protect your tech if you're deemed to be doing smth illegal.