This is a very good description of your argument. It may seem like an unfair stance - I'll try to show why it might not be a crazy position to take.

Let's just use Bitcoin vs. Libra, because bitcoin is much easier to type than cryptocurrency.

You know, instead of typing up a list of the pros and cons of allowing your citizens to use bitcoin vs. libra, I'll just talk about the underlying premise.

I think that as a government, you don't want to lose control of the money supply. That includes:

* How the money is used * Inflation * (And unfortunately, nowadays) tracking the money.

Looking at this from the point of view of a government, it seems pretty dangerous to put all those controls in the hands of a company.

Personally, I would be against this decision for any company, not matter how well liked.

Situations change, and then the powerful can change the rules.