I quote Natalie Brunell; Bitcoin is a technology that should be strategically embraced by the United States.
Bitcoin does not threaten the U.S. Dollar - our country’s policies have been doing that. Since the inception of Joe Biden, he never wish bitcoin to exist in America because when he was campaigning against Trump, he stated clearly that Americans will not use it's resources to promote crypto assets as that will add threats to America economy. The statement was made against Donald Trump's opinion of bitcoin when he promised to promote bitcoin and legalized it Americans if he assumed second term, which he failed eventually.
This is pure political hatred against bitcoin, if not Americans should've been the largest cryptos community and support the pumps to gets to the world. Bitcoin will circulates America in time coming because I know good percentage of Americans loves to advance the technology.
But bitcoin is indeed a threat to the hegemony of the dollar and the government behind it, by this I do not mean that bitcoin will replace the dollar, but it gives an alternative to those which many not have it and allows them to dump the dollar and get bitcoin.
And this is something the United States politicians do not want to see, after all we are already witnessing several countries trying to get away from the dollar when dealing with each other, if the average person also had that option this could weaken the dollar and the government as well.