It almost always comes down to money.

Who is getting it, who is taking it, and who is losing it. Whether that is through inflation or taxation is just a semantic difference.

Very few Americans are against immigration per se. What a lot of people are against is a disregard for the process, welfare subsidies, and the perception that immigrants are taking jobs away from natives.

But it's all of a piece that has its roots in control of the money. Once crypto goes mainstream and governments lose that control they will be severely limited in their powers to inflate and tax that makes the whole apparatus move.