Would banks and governments actively work and implement countermeasures to undermine this process? Are the underestimating the potential of cryptocurrencies by investing in some of them?
Do you think there is a possibility of cryptocurrencies being banned in the future for the reason of being a threat to "normal" currencies?
I dont see bitcoin as a threat to normal currency. There is no possible way that it will replace normal currency. Bitcoin can be an alternative way to pay though since it is more secure. I also dont think that the government will implement countermeasures to undermine this process. I think they would rather earn more money rather than ban a possible source of income.