Makes sense that governments will try to replicate crypto currencies in the fiat system. I imagine all currencies being digitized in the future with bitcoin being one of the options that people can choose to use.
Sounds too perfect. I guess that if government will create own cryptocurrencies bitcoin will be illegal and all its users - criminals!
Does not make sense. I do not know how you come into that conclusion, I would say it would be like in fiat system where money is backed by gold reserved (thinking Bitcoin is a digital gold) then probably bitcoin will be used to back up those cryptocurrency
.