Neither bitcoin nor paper money has any real value, but notes have national credit support, and what if bitcoin also gets national credit? The government will lose its macro-control policy but it can also effectively eliminate inflation, two relative ratios. Is that a good result? Of course, I know that the government is very unlikely to support bitcoin, but who knows?
well i would say there will be chaos cause there is still many flaws that need to be fix but i do still think crypto will be our future but just not now. There is indeed a goverments that support bitcoin, its columbia and what i see is a corupt goverments that are trying to fix the inflation problem by using cryptocurreny and i think its not going really well.