If Bitcoin becoming a mainstream payment system in the future there will be no banks controlling our money ,and the ideal of faster more cheap international payment will be more interesting . imagine sending money to someone with out any fees ,well it will mainly reduce the government control over citizen ,but first bitcoin most become known to the world .so what are your taught on this topic
It means that at that time the government is no longer needed, so why is it considered to reduce government control? When Bitcoin has become the main payment tool worldwide, the traditional financial system will automatically be eliminated or vice versa it will not happen. I can't imagine what the impact of a total transition like this would be.
Because there will never be one - both would exist and compensate for each other.