Could happen, but FDR seized physical gold during the depression so not to sure how solid bitcoin will be if things go south.
The Bitcoin system is decentralized and designed to be impervious to attempts to control it by the government or anyone else. People who talk about the CIA etc. shutting it down are blathering nonsense and don’t understand how it works. Keep in mind when it started there was a full expectation that governments would someday ban it. Now it is too big to ban anyway. There will be too many Wall Street tycoons, and elite bureaucrats and politicians who are using it as a life raft as they paddle away from the sinking USS Dollar.
And you just figured out the genius of BTC and why it is far superior to gold as a store of value.
You are required to spend exactly $0 to protect and store it and it is impossible for a government or thug to seize it from your control (unless you allow them to or you make a mistake)