No, it depends on a central cabal of Chinese miners. So much better!

Call me crazy but I'm betting that the USG is going to provide me more stability than Bitcoin...

The United States Government is extremely likely to provide more stability.

The same cannot be said for every government, in fact the number of people that are under a government that forces them to use a currency that is more unstable than bitcoin is already in the 10s of millions.

There's also the risk of a redenomination. Bank accounts and other monetary instruments are automatically converted in that case; physical cash has to be brought to a bank to be exchanged, and there's often a time limit.

And there's also the risk that, as newer notes and coins come with stronger anti-counterfeiting measures, older notes and coins aren't accepted anymore, or accepted only with a discount over their nominal value. (I've seen it happen with older USA dollar bills left over from a trip to the USA a couple of decades before.)

BTC is almost worse - it depends on the whims of a totally unaccountable and often drama-filled group of developers who make decisions (or don't, in the case of the block size debacle) that impact the product as a whole. And if not them, the large mining cartels.

At least the fed has the bureaucracy and some manner of legal system keeping them in check!

Don't say "forks" either - we may or may not be at the point of maximum entrenchment yet, but requiring literally every BTC user in the world to update their software for their money to work is unrealistic.

I'm quickly coming to the conclusion that bitcoin is about as perfect a medium of exchange as you will ever get (immune to censorship, immune to legislation), but is comparatively awful as a store of value.

If fiat money gets significantly devalued, you're going to have big problems no matter what you invest in or how much BTC you hold. Remember, deflation was one of the factors that made the Great Depression so hard to recover from.