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 think it will be a hard thing for the government to make this coin successful. If we are going to look at the history of the current cryptocurrency existing today, we can see that it took a very long time before everything worked together for them. It was also made by the smartest teams in the world so if the government would just hire normal people to manipulate and make the new coin, it will definitely fail easily.