Right. They live in fear of bitcoin. Not.
Bitcoin itself is too small to be a serious concern. But what if a major bank decides to start issuing a private currency again? That could seriously shake things up. The governments want to make sure that private currencies are seen as a dangerous idea, lest they lose control. If Bitcoin starts to gain general traction, look for moves by government to outlaw it and to purchase and sell it at wildly variable prices to destabalize it.