can only give damage to the global economy.
This is where their fear is at, not that it'll spoil the economy generally but it will expose their scammy practice. They're just scared of bitcoin because it has the power to disrupt their businesses and the scam called fiat currency. I bet this was a paid article with an intention to creation FUD to their readers. He speaks about bitcoin been a currency without a country, Is he forgetting about gold or oil we're in the information ages where the world is now connected you don't have to own anything before you can use them (just like the internet)
Since the governments have a monopoly when it comes to printing currency they never thought they will need to face competition since they could always crush anyone that tried to create one but now they are finding they cannot kill bitcoin and they have to compete for the first time in centuries, and since bitcoin is not a scam then it has a huge competitive advantage over their fiat and when it comes to the free markets the best product will always win so they are afraid bitcoin will destroy their economy based on lies.