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?
They may able to create their own coin but still they cannot do the same thing what bitcoin can give to any users. Due to the reason is Bitcoin was decentralized based system while government/banks are both centralized based concepts. So I think, instead of the banks or government will create their own, better not to do it but to accept the concepts of Bitcoin is the good one choice for sure.