The government and the concerned agencies regarding the matter knows what really bitcoin is, IMO. So i think that wont affect the perception of people on these agencies about cryptos. Only those people who dont really know how legit bitcoin is may be thinking that bitcoin is a scam and may ban the cryptos totally.
I can see that the goverment does not believe the bitcoin. What other people know is that bitcoin is a scam. They have not tried to work in the crypto. Just say they heard that bitcoin is a scam. this bitcoin is one of the most helpful in the philippines. so before the crypto has not been tested. I'm one of those who say you try it and it really will help you.