Actually, I arrive at the opposite conclusion. They know that bitcoin is too perfect money and they need to try and stop it because without fiat money that they control, they would be powerless. The government doesn't exist to protect you. It exists to capture power and control for itself.
This is what I find so difficult about arguing with all the bitcoin haters. We are actually on the same team. Everyone wants freedom. Everyone wants opportunity. Nobody likes cheaters who rig the system. Its only the very few people in the government who know what they are doing that don't want a fair system (or perhaps the actual people who control the government). But the 99.9% of us do want a fair system, and we think the government is necessary to give this to us. We look at how far we have come in the last 100 years and think this is the government who did it. But in fact, its private individuals who kept having to fight the government. Now, that level of corruption and red tape is through the roof. You can't even a build a house anymore without spending hundreds of thousands of dollars on permits and fees.
So you need to understand the government is not your friend, and the only way they can control you is through the use of fiat currency. This ensures that you will never get ahead, and what little you can save will be gone to inflation. Of course the rich people have the ability and means to invest, and the government lets this happen because there will be a few percent of the population that would revolt against the government if they couldn't have a good life (and these few rich people would be a huge problem for the government, so they let them have their way). So the asset holders and rich people are allowed to prosper at the hands of everyone else. Thing about why there are so many tax loopholes for rich people.
Then when something comes along that is shown to be a superior form of money in every way, of course the government has to put a stop to it. It threatens the very foundation of what fiat currency is designed to do. Its necessary to run the system of corruption and keep most of us slaves for life while all the productivity flows to the few people at the top.
When you say bitcoin is a scam, what you're saying is that "I'm love being a fiat slave for my entire life". Your intentions are good. You don't want people to lose their money on a "scam". But you don't understand that fiat is the scam and bitcoin is the way out. And if you still hate bitcoin so much, please suggest something else. And if you don't know deep down in your heart how much of a scam fiat is, then please do some research on fiat before you even go deciding how bad bitcoin is. Before you can have any opinion on bitcoin, you need to understand fiat.
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