In perfect world: yes.
In real world: you believe politician will bother to do all the tracking and analysing? Or will they just ban all Steem, put it behind firewall...
Maybe they will not ban BTC 'cos it is very expensive to spread information on BTC blockchain, with Steem it is not.
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Governments banning Steem will be a necessary test of the robustness of the blockchain.
True. I will be test of STEEM price as well, though.
Government bans thing, thing gets more expensive and popular. Happens with everything. Alcohol during prohibition. Drugs, marijuana, ivory, precious metals, even US dollars in Venezuela. We could have the same thing with cryptocurrency.