Those who watch the news may have noticed the media's tendency to be negative towards monopolies. They say US big tech is a monopoly, which must be fined, penalized or broken up under US anti trust laws. And that consumers and industry could greatly benefit under free markets if there were more business competition. As opposed to monolithic, centralized, monopolies. Which have a tendency to result in industry wide stagnation and poor terms, prices and conditions for consumer markets.

These observations apply to fiat currency, which could be considered monopolies. Governments who issue fiat could benefit from having competition as could businesses and everyone else.

Many are extremely negative in their stance on bitcoin. They claim bitcoin undermines government authority and is an attack on the state. Its not. Bitcoin only gives governments the competition they need to build a better, more stable and reliable fiat currency. The same way that competition between AMD and Intel gives consumers better and more affordable CPUs every year.