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Bitcoin is both a payment protocol and a commodity (the commodity is valuable because of the protocol). Only that both are inseparable, so the government chooses to stagnate the protocol by gagging the commodity.
It is a fight the government will lose, because the Bitcoin protocol is the sauce, and it cannot be gagged. It is also a massively better financial system than what the government instituted, and Humans have shown to always choose a superior system over time.
At best, the government enshrines the Bitcoin commodity as the basis of its Fiat financial system, thereby tapping into the efficiencies of Bitcoin's superior protocol, or at worst, they lose out entirely after a very prolonged struggle (perhaps decades or even centuries).
Yes CGT is a gag, it is a very effective state imposed obstruction tactic which makes it quasi impossible to legally use BTC as a MoE.
In autocracies MoE use of BTC it is outright banned.
In 'liberal democracies' BTC MoE has been very effectively obstructed from ever posing a threat to the state imposed fiat MoE monopoly by slyly arbitrarily designating BTC to be a commodity when it is quite explicitly a P2P payments protocol- not a commodity.