I get it totally with the Federal Reserve. I also get it that the gov gets to control it and tax transactions. Bitcoin and block chains had prices that spun out of control. Do you seriously think world govs were going to let that continue?
What exactly do "govs" have to do with it?
And blockchain is not going away. It's just a distributed, transparent accounting system that could make government totally transparent and accountable, so you're right, "govs" won't want to allow that.