Satoshi, in his invention of the blockchain, had given us the inch, what is preventing other bodies or organization from taking the ell? Does it mean no coin hosted on the blockchain will gain mass adoption enough to bypass the users of bitcoin?
The advantages of Satoshi's ideas have become a great discovery in human life and this opens the way for anyone to move their minds to get involved in it. Bitcoin is unique in that it has all its advantages and no attempt can be made by anyone else to limit it.
The government own billions of population, and by setting her face against bitcoin is a competitor, but doesn't seem to prove that they're a top bitcoin competitor without having a downward course in the process. Last question please forgive me, what stops them from building a coin on the block chain that'll bypass the total sum of bitcoin users, and regulate it?
They oppose the existing pattern in bitcoin because they are afraid that their system will collapse, but that does not apply to society. They tried to create a bank product to provide a little resistance, but it was deemed inappropriate and unable to provide any resistance. If we imagine how they try to limit the journey of bitcoin and we can also see adoption continuing to expand. Their decisions are sometimes confusing and they are too worried about bitcoin becoming a competitor to fiat or replacing it.