Very good post, but it's mostly us who are to blame. We keep on pumping the 'Bitcoin is money' or 'Bitcoin is cash' narrative so the governments are starting to look at it as if it's money.
If it's cash money than it must be regulated like any other currency. This will likely stop Bitcoin as companies will find it very hard to innovate under the beurecracy required when dealing with cash.
Bitcoin should be treated as an asset, it is as much cash money as petrol is cash money. It can be used to pay for food, but can also be used to power a car.

More on this:
http://moneyandstate.com/the-importance-of-bitcoin-not-being-money/