I'm quite two-sided here. Imagine knowing Bitcoin is illegal in one place makes it more in demand or whatever, depending on the usage. Wouldn't that benefit the ecosystem? But I think there would be several consequences with that like shutting down of different mining farms or any other system that is related to Bitcoin.
Also recently, BIS head has been advocating Central Banks begin to use digital currencies for themselves. This will surely play out as a way to out-compete crypto.
Looking at it in a non-biased way, they are just adapting to what Bitcoin or the blockchain has started. I hope people would see that Banks still wants to be in control of the financial system, and they want Central banks to be the center of it all. The people involved in this want complete control and that's the opposite of what Bitcoin is for, it's decentralization.
Discussion: How can they community rally together for what is to come? Are we ready for when governments restrict sanction any capital flow into exchanges? How prepared are we for these things?
I doubt there would be a time where we are not ready. We should be considering the actions with regards to what is right and let them know that they wouldn't have complete control because Bitcoin is still the best and at the top. They can't topple that. They can try, but I think it won't be successful.