All I know is that USG has thrown people in jail for even considering the creation of a gold-backed competitive currency.

Two things gives the USG power: the US military and USD as a monopolistic global reserve currency.

I love the libertarian dreams of the crypto bulls, but if you think the USG is going to just going to stand by and let BTC upend the its USD monopoly, you are delusional.

They don't actually care much about BTC as a speculative instrument, but when they start hearing analysts suggesting the CFOs should replace USD on their balance sheet with BTC, it perks their ears. They will now use every device of government that is required to crush that idea.

Microstrategy and Tesla will both be puking out their BTC positions before the end of the year.