IMO, if any government gets involved, its going to lose every positive factor that bitcoin advocates appreciate.
It will just become another currency.
except that the government is unable to identify the identity of every bitcoin holder. oh, and they can just randomly generate new bitcoins out of thin air.
but not after 21M right?
the point is that dollars/euro's and any other currency is worthless because the fed/government can (and will) print unlimited amounts.
they can not do that with bitcoins. So the 144.000 bitcoins is all they will ever have, unless they BUY more, just like everyone else.
Or unless they use supercomputers to mine them, but their supercomputers are no match for our ASICs