I think it stems from people believing that government is the provider of money and that it is "government money". It is to the point they really have no idea what fiat money is.
And yes, simply because an entity says it will roll something out does not mean it will magically appear. Nor does it mean acceptance.
A lot of these issues all boil down to the concept that the mob has no power, when it is the mob that is the greatest raw force in the entire ecosystem.
This is exactly why Metaverse was going to be an obvious fad; it takes a collaborative effort of millions of people all at once to become a thing. That was never going to happen with the current tech stack.