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Most governments are dinosaurs when it comes to technology, the US government is no exception.

So based on your think tank analysis of "most governments", they don't understand bitcoin?
Maybe they don't understand it the way that I do, but they are intelligent enough to stop any potential threats to their current financial system when it pertains to online digital dollars. The internet relies on ISP's, who are regulated by government oversight - if the government wants to strangle the life out of bitcoin, that's within their realm of power - as amply shown with current AML/KYC laws. Internet service providers are more than happy to comply since they work together. Indisputable facts.

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Governments do not know the economics about cryptos and the only knowledge pertaining to them that they have is from their crypto specialists, who are more knowledgeable about how to trace crypto owners than how it actually works:

Again, underestimating and attempting to undermine the people in charge of the current system just demonstrates your lack of understanding of the people in charge. They are alot more dangerous and in control than you realize. You are making snap judgements based on what exactly? One thing I learned is to never underestimate anyone, ever. Especially governments. You are basically telling me and the world by posting here that "most governments" don't understand economics? Sure they do, they created this flawed system we use today (by design i might add), that you still continue to be a part of and utilize.

Governments collectively might not understand the code, or how each block is determined, but they understand very well that without power or internet that bitcoin = nothing. Seriously, you are making me feel like I'm teaching astrophysics to a penguin. First let's cover some baby steps, I understand everyone learns at a different pace here so I'll go slow...

Who invented the internet, and for what primary use?
The internet indeed began as a typical government program. The ARPANET, designed to share mainframe computing power and to establish a secure military communications network. You honestly believe that they didn't understand or envision the potential when they created the backbone on which your cryptos operate and where we are having this argument right now? Let's not forget about the NSA, yeah your friends that spy on all your communications and log everything you do online... You going to tell me they don't understand bitcoin either, when in fact it was one of their own mathematicians (Glenn M. Lilly) - search patent 6829355. My honest opinion to you, and majority of others arguing opinions based outside of logic is that you might think about spending more time researching history and facts rather than news articles that perpetuate foolish beliefs.

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Same reason why Tesla dumped their cache - because they need hard cash for liquidity, nobody there will accept payment on Bitcoin.

- Flawed logic.

The government/federal reserve can print as much currency as they want... liquidity isn't an issue when you control the issuance of currency into the system. There is nothing to stop them from doing this at will.

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News media outlets writing about crypto are written usually by uneducated and uninformed people who have no knowledge of cryptocurrency economics.

This is one area where I agree with you to a point. They generally are not educated about crypto-currency, however their main role is to speak to the general public with a pre-determined script written by higher ups. They are just smart enough to do the paperwork, understanding something isn't their role when it comes to speaking, same way that presidents aren't hired to be brilliant. There is someone pulling the levers behind the curtains.

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Sure we do. Most of us own bitcoin because we believe in its economic principles. You can mock and ridicule us now, but you will be the one shaking your head when Bitcoin's price moons again and you missed out on it (for the $1 trillion market cap is the not the peak of its market adoption).

Except for the fact that I accurately predicated the exact price range and at the exact time (right before they mooned, 2 x in a row with 100% success), case and point:

https://youtu.be/eqZHzbP2Fe4

Still believe I don't understand bitcoin, and I don't know what I'm talking about? I was arrested by the government (a few 3 letter agencies) for my work with reverse engineering firmware and giving countless people (globally) free untraceable internet access... Also, I began mining bitcoin in 2008-2016 and am a Network Architect in distributed systems from 2001-current... What credentials do you have to be lecturing anyone about crypto's, let alone governments?

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Hard asset: Gold - 6000+ years and counting. Governments cannot stop it, so they hoard it instead.
Empty space: Bitcoin - 14 years with too many flaws to count. Governments can regulate it to death.

You:
Gold is most used by governments as collateral against loans to other governments. Because hey do not want to deal with Bitcoin's (current) volatility for loans, that is understandable.

No comment, not because I agree but because it's not worth my time to explain.

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Yeah, bitcoin is about to get it's baby teeth knocked out by reality.

- Power failure = no bitcoin.
- Power costs get too high to sustain infrastructure = no bitcoin.
- Internet outage = no bitcoin.
- No electronic device = no bitcoin.
- Miners don't accept transaction = no bitcoin.
- You lose your income to pay for electric, internet, phone service = no bitcoin.
- Government takes over any of these major things = no bitcoin.

You:
You conveniently ignore the fact that I have refuted your non-confiscation claim about Gold:

- Government sends a warrant against you = no gold, bitcoin, or any other asset.

Me: I hide my gold at an undisclosed location, or in my house... Please, tell me where it is... confiscate it and it's yours. bitcoin is on a PUBLIC LEDGER... How many people know I have gold if I walk into a coin shop or buy from an individual on the street, or sell to an individual on the street? NONE. How many people know when your bitcoin exchanges hands? EVERYONE - PUBLIC LEDGER! When someone purchases, or cashes out, AML/KYC laws are right there waiting... Gold doesn't suffer the burden of having 24/7 surveillance. I can buy it without giving my personal info, I can sell it just the same. Somewhere, at the very least beginning point cryptos have entrances and exits that have armed guards, metal detectors, 24/7 watch dogs... And you think Gold is somehow the same in that regard? LOL. You haven't refuted anything with logic or common sense. Power goes out or internet goes out, what do you honestly have? The simple unadulterated truth is, NOTHING, you have nothing! - FACT. Power goes out, internet goes out and I have gold... I have that barbarous relic that you undermined, meanwhile you have nothing to give, and nothing to take... Your store of value, then becomes a store of nothingness, you have nothing in your hands to hold on to.

Take for example I have a girlfriend in real life, and you have a long distance girlfriend... We both claim we have a girlfriend and depending on how you look at it, that's true for both of us. Take into consideration I'm with my girlfriend everyday, and all you can do is videochat yours... Then one day you find out that your online girlfriend is really my in person girlfriend that I sleep with everynight, she tells me what a sucker you are, sending her money, and meanwhile shes giving it to me...

Question: Who has the girlfriend? Who gets to touch her? Who holds her everynight? who has sex with her? - Same analogy for money, if YOU DON'T HOLD IT, YOU DON'T OWN IT!
Answer: I have the girlfriend, you have NOTHING!

You:
Besides, we are going to a future where everybody in the world has access to electricity and the internet (Bitcoin cannot be censored). So Bitcoin was literally created for the future.

Me: Lets simply ignore all those without power, and in alot of third world countries intermittent power outage and complete power failures have become more commonplace, but because you and I have electric, that must mean we all do... HAHA! Bitcoin cannot be censored? I actually thought you were serious but then I quickly realized you can't be serious. This has to be a joke... Again, I use to be a bitcoin miner... The miners can refuse transactions for any number of reasons. If I don't want to take your transaction, I don't have to. However, if the government decides to come in and take over all the mining operations and centralize the entire project like they have been doing in various fashions, you now are at a loss for words or able to argue completely. If the government doesn't want it to take place (online), then it won't! They have that power to change what you imagined was a store of value to a store of nothing, with a few laws, and a few armed men to come in and take over everything.

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Gold is a thing of the past, used only by lenders, and dinosaurs who are unable to appreciate the profound implications of bitcoin (like Peter Schiff and you).

Me:
Gold is a thing of the past, it's also a thing of the present, and future... Again, here you do prematurely judging, myself and others... How many times do you need to be taught a lesson? You think because I only have 41 posts that makes you more knowledgeable? All that means is you spend a lot more time arguing online than actually working in real life.

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You see Ukraine's internet being controlled by Russia, is bitcoin dying there? No.

What about in Afghanistan, where crypto is banned there? No.

China? No.

Russia? Hell no...

Me:
Lets quickly look up how fast and frequently the governments and banks in those countries are buying physical precious metals... And lets compare to their crypto holdings.. ouch, speechless now? Gonna tell everyone the government doesn't understand or is somehow naive? When the fact is you're the one that's been completely manipulated and brainwashed into thinking you have something, the fact is you have nothing but an empty bag - until your bitcoin is cashed out.

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bitcoin is fragile, and relies on so many other things to be able to function. Gold is just there, as it always has been, waiting to prove you wrong.

You: And gold depends on whether people are willing to sell it to you (custodial wallets do not count since it's not even your gold). It's a closed circle of adoption.

Me: Anyone can buy gold... It's dependent on supply and demand, gold actually has real world uses and utility (intrinsic value) outside of being a monetary instrument. Bitcoin has no utility other than to store information, it has no intrinsic value. And you're going to tell me that something that has intrinsic value is a thing of the past, and something that has none is a store of value? I am almost to the point of calling you a lost cause. I never imagined someone could be as slow as the level of incoherent arguments that you are displaying here.

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As the world goes into an economic collapse even more you think that's going to be sustained?
By what, your hopes and dreams? You gonna force the people that have no clue about what bitcoin is to use it?

I can do this all day with you. If you are on a tight schedule because you are in a rush to go find a fallout shelter to save yourself from an imaginary collapse, then that's on you. 99.99% of other people do not share your opinion about economic collapse.

You share the herd mentality, and like all herds they are actively being led to slaughter. I'll take my chances and follow the retards that are stupid and don't understand bitcoin, yet they keep buying gold and giving bitcoin back to idiots like you. Please, don't waste my time again by taking up space on my computer screen with your nonsensical arguments.