the article is saying governments can outcompete Bitcoin by creating their own cryptocurrencies. However, unless they are scarce like Bitcoin, I don't see why they would be likely to beat Bitcoin in the long run. In other words, if a government creates a crypto coin but can still print money whenever it wants, why would people be interested in that? and if they do create a scarce coin like Bitcoin, then it will accomplish the same goal of Bitcoin, which is sound money.
it can not be done because of the decentralization nature of bitcoin, the best thing that governments can do is making an altcoin which is centralized, this is far worse than any altcoin you have out there
but i could see the blockchain technology working with this and may drive some unaware users to embrace it, instead of going with bitcoin
they are trying so hard to replicate a centralized bitcoin, but everyone know that they will fail at it, i think it's better for them to stop printing money and find a better way to rise the value of their currency