The national legal tender is issued by the government, and the value of the currency is ultimately tied to the country’s credit. However, bitcoin as a cryptocurrency without the backing of a national economy and coercive force, has been accepted and recognized by more and more people, and its value has also increased exponentially. How was it accepted by people so quickly?
Bitcoin's decentralization makes its transactions free from any supervision and manipulation and independent of the current monetary and financial system. Will its emergence be the country's fiscal sovereignty and monetary sovereignty? If the government strengthens its control in the future, can it continue to  its current development?