There are pros and cons to all these instruments. For transfer of large amounts, BTC works great, but no one will ever wait around in a store for 1 hour to wait for confirmation while your ice cream cone melts. Steem is still too volatile to be interesting for retailers, and the required transfer via BTC to fiat would again post a risk to retail; in that respect SBD would be a better choice in terms of volatility, but it still faces the transfer via BTC.

There are lots of politicians that point out that crypto is used to anonymously transfer funds in criminal activity, but they completely ignore the fact that most of the worlds illegal drug and weapons deals are paid for in cash; usually Dollars.

So yeah, they are lying to protect their own currency. Ironic that most Countries still use Gold as a store of value instead of their own fiat garbage.