Your post seems to do nothing but help spread "FUD".
China's most recent "Ban" was targeting the implementation of an ICO, not them saying they "will not tolerate exchanges".
Why is China the only country that has an opinion worth caring about?
It's more then "FUD".
At this point I can't really use my 1000 in bitcoins for day to day commerce. For almost everything I need on a day to day basis, food, fuel, electric power, paying my property tax, buying a car, I can't us bitcoin. I am forced into an exchange to get my local fiat. That may change at some point but I have no idea when.
Just like crocodiles who wait just under the surface of the river for some other animal to come to drink, governments can and will attack the exchanges were people will come to drink. Governments are a lot worse then crocodiles. In the US, banks and stock brokers are required by law to send a 1099 which reports profit/loses. If you think for 1 second governments are not going to do the same with bitcoin, you are mistaken. It's only a matter of when the cash flow becomes large enough to make it worth their time.
Until the day when I can buy all of my needed, goods and services with a send function from my bitcoin wallet this subject is anything but Fear Uncertainty and Doubt. It's a real as any other risk we face. Government can't stop black markets and that may be the only home for cryptocurrency.