Indian government is hesitating to regulate crypto coins as no one can account for any sort of transaction done virtually. As there is no third party( such as banks in case of real currencies) who can check the transaction and record it, this creates a scenario of helplessness for the government to regulate crypto at ground.

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America is a powerful nation as it has its influence around the globe. The factors which make it so great.
So much of America's power comes from its size: it is one the largest countries on Earth by population and area, and is rich in natural resources and human capital. It is also in many ways an island nation; because it faces no major threats on its borders, it is freer to project power globally.
The United States leads the world in high technology , finance and business , the movies  and higher education . The United States has aIt is still the world’s leader for FDI at 180 billion dollars, almost twice its nearest competitor. The United States, spending 560 billion dollars a year, has the most powerful military in the world. Its GDP (16 trillion dollars) is more than twice the size of China’s GDP.  First World trade profile.
While there are many countries that made great strides in the last several decades, but they also suffer from serious problems. So there is no country who can challenge the United States for global leadership.
That's why it is the most powerful and influential country.

What will be the nation wide impact of Karnataka's election upon Narendra Modi's fame and a record winning streak of Bhartiya Janta Party?

Fiat is a term used to describe the conventional currencies that are issued by governments. Fiat  currencies have value because governments say that they do.

If bitcoin or another cryptocurrency become widely adopted, the entire banking system could become irrelevant. While this may sound like a wonderful concept in light of the recent behavior of the banking industry, there are two sides to every story. Without banks, who will you call when your mortgage payment gets hacked? How will you earn interest on your savings? Who will provide assistance when a transfer of assets fails or a technical glitch occurs?

These are the some reasons which is hindering a government to trust BTC.

First of all this fear is not only of BTC users but also of the government.Government is afraid of this virtual currency as they can not trace it from where the money is coming or going.They are helpless and they are not in condition to take decision either to allow or ban it.In India , Government has legalized it but on other hand RBI(reserve bank of india) suggest not to trade in this currency as no one can have the record of the transactions.
  This unstable position of government threatning the BTC users. They are in hesitation what if they invest in this sector and govenment illegalised it.