I don't think he understands bitcoin, let alone asks the government to pay for the losses he has suffered. in my mind, he is a beginner who wants big profit in his imagination, but the reality is different, and it is because of his own fault, so don't shift the blame to another object. I think it's the fluctuations in bitcoin that make it interesting to invest, as long as we have sufficient knowledge, so it doesn't cause panic selling
I tend to agree with this and this is also what is on my mind, OP didn't understand very well what is Bitcoin and how it will work, people love the volatile nature of Bitcoin because of this they will make money when the price goes up.
This is the problem with those newbies, they think too much about the profit in Bitcoin but yet, they don't understand how to make a profit.
However, Bitcoin doesn't have a promise to anyone to make them rich, and based on the
Whitepaper, Bitcoin is a peer-to-peer electronic cash system which means only an alternative to cash that can be used as an online payment system.