Bad assumption, there's more evidence supporting the fact it was designed by the US intelligence apparatus to be an indivisible transparent ledger that could serve as free floating institutional collateral in foreign exchange to inoculate the US from dollar Dutch Disease

Assumes that power changes hands on a schedule, if the US itself considers many elections fake across the world, why would you assume the government holding the elections just allows itself to lose?

Incentive theory, you can't simultaneously believe people in government are inherently corrupt and that they would do self-harm by dumping Bitcoin as opposed to pumping it