So far I think its only people or organizations that are trying to create a new crypto currency to just be out there and maybe one day compete with bitcoin. But what if a government decides to create a country's own and legit altcoin? How would that affect the whole scenario? Will it be an instant success, especially if the country is big enough in population or has decent enough international trading going on.
I think yes there will be a great chance for that altcoin if the government will push that project to create their own specific altcoin that is exclusive in their country. If a country has a great government and fair enough amount of investors then the coin will become a successful coin because of its high potential.