Bitcoin, unlike fireworks and weed, operates by (and can be attacked through) a completely open game of computational power known as “mining”. If the US government announces it wants to build (and seize) a large Bitcoin mining capability to stop Bitcoin, it will be game over. https://twitter.com/nic__carter/status/1283515556860252166

Nobody in Bitcoin wants to admit this. They will claim the processing power is too high (it’s not). When this is pointed out they will claim other countries will invest in stopping the US attack (they can’t). Finally they will argue citizens will rebel against gov (they won’t).

This is why you should only invest in Bitcoin as a highly speculative part of your portfolio. It’s only really suited to people with a large bankroll who can afford that kind of risk. It is not a safe haven, it’s a sitting duck.