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?
They certainly could and truthfully I see this happening one day, it would allow them to utilise the blockchain technology which could really improve some of their systems and what they can offer to clients. The question of course is would people use them or just stick to other coins that already exist?