Higher friction creates stronger motivation to build decentralized P2P infrastructure (instead of comfortably relying on existing institutions) which is a clear long-term win. "Liquidity, accessibility, and distribution" of CEXs are nice short-term benefits, but they come at the cost of dependence.
I just don't believe states and the status quo will surrender power without a fight.
"Like an angry farmer, the state will no doubt take desperate measures at first to tether and hobble its escaping herd. It will employ covert and even violent means to restrict access to liberating technologies."