I think you can make this more dramatic and realistic by getting into the weeds of traceability via IP and chain analysis--the hodlers have to get really tech savvy about internet privacy. Then the government realizes (after picking off all the non-tech savvy folks) that in order to fight against the ones who did it right, they have to regulate and control all of the other things that you can buy and move with money. This leads to a totalitarian autocracy where anyone who doesn't want to be fully controlled is forced to exit, leaving Russia (in this case) an intellectual wasteland as everyone smart enough is forced to flee the physical spaces where their offline bitcoin cannot be safely transacted for physical security.