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Is it really? If you can't change it for goods and services before turning it back into regular, government controlled currency, is it out of the hands of governments? If China can get all the miners to move to Kazakhstan, were they ever out of government control?

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> If you can't change it for goods and services ..

There is nothing preventing someone from accepting it and providing the services you need.

You may have answered your own question. You don't need to turn it back into fiat for it to be used in the long run. Lightning network makes txns quick and cheap, and BTC volatility has been going down enough that it isn't hard to imagine it being stabler short term against fiat (though long term it will gain value as fiat collapses)

btc volatility has been going down? is this a joke? it's worth a third of what it was less than a year ago.

plus every time I sell or transfer, it's a taxable event, which makes use as a currency incredibly onerous

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