As I see it, both governments (states) and the bitcoin algorithm are mechanisms that are endorsed by their community to simplify a control problem.
Governments have more mechanisms to adapt to changes in public opinion, while bitcoin deals with a more specific problem. If bitcoin loses endorsement, it will be replaced (traded) for other goods, probably the next generation cryptocurrency. The same goes for governments that don't adapt, and their currencies.
Governments have more mechanisms to adapt to changes in public opinion, while bitcoin deals with a more specific problem. If bitcoin loses endorsement, it will be replaced (traded) for other goods, probably the next generation cryptocurrency. The same goes for governments that don't adapt, and their currencies.