Can bitcoin take Fiat's place in time? Suppose it does? Can govetment step in and stop this program?
I don't think bitcoin can take place of fiat currency . The government will never let any loss happen to their currency through some other digital currency . Bitcoin can totally change the economy of a country by making it decentralized . Moreover , government will not have track on any of the transactions and activities of the users i.e they can't let bitcoin take place of fiat money.