I've been thinking about how governments mining and holding bitcoin might mess things up. If they stack up big reserves, it feels like they could push the market around, maybe even tweak rules to suit themselves instead of us regular folks. Still, bitcoin's spread out all over the world, so I don't think one country could totally take over. it's a bit worrying, but not a total disaster yet.
Indeed, it's something to worry about a bit, but it's not entirely a total disaster if you look at it from your perspective, which I also agree with. The government can own and control as many bitcoins as they can get their hands on, and if that happens, the fear of price manipulation will be on the people, whether we like it or not. It's something anyone or entity with large numbers can do to some extent, so it's something that shouldn't be overlooked, but like you said, it's not going to be a big problem.