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?
We can never conclude anything yet about it since it hasn't occured yet. If ever bitcoin gets national credit support, maybe the inflation gets resolved but I think it would only be for a short time. As soon as many people get to know about bitcoin, the inflation will get worst back again. The lose of the government's macro-control would be a large contribution for a pure transaction and monetary system, free from greed and free from power tripping of those who are in the higher position which can be a great thing for us.