We've all seen this phrase before: that the government and/or banks will more likely to create their own cryptocurrency, but what are the odds that they really will? How can we be sure that these two sectors will create their own coins eventually and will it even change the game if they do? If they did, will it not threaten bitcoins and altcoins because the common people who haven't heard of bitcoin before might choose to use these bank/government-created coins instead? Do we really need more coins?
I would say that the odds are big, but currently, I would say many of them are holding out since they are still trying to eye and see if the market still has what it takes to rake out big returns. I mean, it's a government for sure, but nonetheless, it's also a business entity that is made to get revenue through different means to support its cause and its people. It would be an ineffective government if they would not find ways to make money, since such money is the key for them to lead their citizenry better. Maybe on the onset of cryptocurrency, many government would join the party, but now, since there are just so many inconsistencies happening in the market, I think that although the interest is still there, it should be with more caution now.