What Governments like China are doing isn't something new and I bet most people who entered the market earlier aren't fazed by these crackdowns and bans. The early investors probably understands that all these "bans" will only lead to more regulations. Governments issue restrictions on exchanges and other businesses so they can prepare a new law and benefit as well.
...One thing that does not seem to a be a concern is mining, because even if governments outlaw and can find ASICs and farms, the mining can always shift to use less electricity, fewer ASICs, etc.
There was a post about a miner rejecting transactions from blacklisted addresses by government agencies. It doesn't look like a big deal now but that could become more problematic if more miners do the same thing.