In August 2017, when China introduced cryptocurrency regulations and ICO bans, people had fear that China would shut down the whole thing (ICOs, exchanges, mining farms, Bitcoin, and all cryptos). But it didn’t happen. And I think that THIS is really important. We could see it as a very positive sign, showing that countries have realized it’s already too late to stop it.
These projects have very few people working on them — in most cases less than 5 people. The people currently working on them are exceptionally talented, so that is not at all a knock on their efforts. If you are a developer getting into the space and want to work on hard problems with large impact, I’d suggest getting in touch with one of these projects. Talk to the Ethereum core devs (for on-chain solutions) by joining the Ethereum Core Gitter chat or contact Vitalik or Vlad, get into payment channel networks by contacting Jeff Coleman or the Raiden Network, or contact Truebit by responding to their active hiring thread on reddit.
…nts control banks (or, rather, bankers and government officials are, to be polite, tight together). So Bitcoin has a huge advantage over gold in transactions: clearance does not require a specific custodian. No government can control what code you have in your head.