GovCoin = just the same as Euro or Dollar, except they have to put little more effort into creating them out of thin air. Not too much though, as they'll be the only ones allowed to mining them.
So, no thanks, I'll skip the centralized crap and stick with Bitcoin

The likes of you and I and most on this forum would prefer Bitcoin. However, the great unwashed would prefer bankster/gov backed fraudcoins. There is just no stopping people being stupid.