Quote from: cryptocrusher on November 13, 2017, 06:33:31 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?

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?

That is the point, people might suspect this kind of crypto currency as something so the government can control the uncontrollable or decentralized crypto world, which they can't obviously. People will just shrug the crypto off, some will obviously use them,but mostly, I don't think so.