We always want cryptocurrencies to become more popular or even mass-adopted, regulations are inevitable. The government is still the one who runs and manages the whole world so don't expect something to set us free without any government control. Bitcoin can only help a part of us, not all of us.
The US is the number 1 country in the world and they are like a leader, once they make the regulations then all the rest of the countries won't want to go against them. I believe the regulations will not stop until they feel satisfied.
There's nothing we can do other wait and see what happens regarding governments' stance towards crypto. As you've said before, regulations are inevitable. You can't expect something popular to slip under the radar of the government. The US knows how successful crypto has been since day one, so it's trying to "legitimize" it by regulating it as much as possible. This is good in the sense that it reduces the level of criminal activities in the industry, but it's bad because people will be forced to submit their ID to be able to participate in it.
Of course, there are decentralized exchanges and other means which you can access crypto without KYC. But it's something not everyone is willing to do due to its high level of difficulty. Giving out your personally-identifiable information to centralized exchanges is a much easier way to get access to the world of crypto/Blockchain tech with Fiat (in this case, the US Dollar). The US is just beginning to regulate crypto seriously, so let's give it some time to determine whenever it's being too hard on this emerging industry or all the other way around. Other countries like China and Russia are faring worse that the US, so I guess current regulations aren't so bad after all. Just my opinion