With the likes of government , NSA ,banks etc..Could they coordinate into creating their own crypto to defeat Bitcoin?
Creating something like 'Legal Bitcoin' , invest and pump, make it succesfull? Make markets aware
Maybe even create their own cryptography where they could still be able to decypher code if they needed to?
To defeat bitcoin ? Nope, it won't happen. The government or banks can create their own crypto, even you and everybody here can create your own crypto too. The problem is, is there anyone who want to use your crypto/token/coins ? Even token that is from project ICOs is not always success.