Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?
For me, I would, I say that because if a government backs or sponsors a coin, then you can say that that coin is legitimate and would have a better backing so-to-speak than other coins in the market. As we all know, government money is people's money, therefore, if they invest on something, it has been thoroughly studied and is sanctioned by the people itself, which means that, the government won't just leave that investment hanging left to dry because that would be similar to wasting the people's money, which is unacceptable.