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?
Yes difenately, they have all the power and resources to create there own cryptocurrency or even cryptography. The problem is, can they beat the growth of bitcoin. Knowing that bitcoin already established its point in cryptocurrency. Can they encourage investors to invest in the cryptocurrency that they made. There are lot of aspects to be considered in order to develop something and replace bitcoin on top.