Quote from: 8270thNinja on November 13, 2017, 05:55:45 PM

Quote from: CryptGuardian on November 12, 2017, 10:28:54 PM

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?

Check your spellings first.
Why would government create their own crypto with the sole purpose to destroy Bitcoin when they already have the power to ban it?.
'Legal Bitcoin' will be shady af, Bitcoin is already existing. This kind of move of any Government will be stupid,shady and questionable.

Yes they can because bitcoin or any other digital currency has been made by somebody, so why not the governments and the banks can make their own cryptocurrency? It is possible and easier for the governments to make their own cryptocurrency and implement it in their respective countries because the people of that particular country will accept their official cryptocurrency without any hesitation.