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?
in my opinion, maybe all that can happen. when I see a lot of people investing in crypto, I think banks / governments will do it. but if all that happens I am not entirely sure that their coins will threaten bitcoin, because I am sure the bank / or government will want to profit from the coins they created. they could have implemented a tax system for the coins they have. people would prefer to use coins that have good prospects in the future, and I think bitcoin has it. and people who have never heard of bitcoin will learn all about crypto, before they decide to buy a coin.