Your statement does not really make any sense. Unless you are talking about the centralized banking shutting the ramps to coinbase or other large fiat/crypto cu

Your statement does not really make any sense. Unless you are talking about the centralized banking shutting the ramps to coinbase or other large fiat/crypto custodians/exchanges. That would piss off a lot of people. With respect to defi, other than trying to shut down entities that host the website which is really just a gui for interaction I'm stumped at what action exists. For instance, I go on coinbase buy ethereum and some wrapped token. I can then transfer that wrapped token to just about ANY smart chain I want paying for the tx, then use that money get an over collateralized loan, then go buy some other wrapped/native token collect what ever yield I want and use that to service the loan fees. I can then unwind the entire process when ever I want come back to coinbase sell the wrapped token on their open market and then turn it into fiat. That's not only it. I can unwind my loan/yield strategy convert it into an ERC20 stable token transfer that any fiat on/off ramp I want and voila. I'll use tools to keep track of the transfers/txs pay taxes to the IRS on the cost basis. What can they actually do about that other than action that WOULD cause mass panic and induce the very thing they are afraid of.