Much more likely, existing financial services and platforms will co-opt the useful parts of bitcoin. The result will be a more robust solution on their part and a casting of bitcoin into the pile of interesting historical phenomena.
Internetworking technology didn't need the help of DC to crush the walled gardens of the past, and won't need anyone in particular in the White House or FCC to continue its ascendancy.
It is quite possible Bitcoin will be superseded by some other system introduced by one of the existing major transaction processors - they have a huge amount to lose if Bitcoin becomes a standard, and everything to gain by owning the future of transactions.