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?
There are really a lot of topics here in this forum that they think that the government would create their own cryptocurrency, but in my own opinion they don't because the government and banks already have their own currency that they could control which is fiat currency. There are no any proofs and reason that the government will create their own cryptocurrency because only few of them are interested to buy it.