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 was complicated, if the government will regulate these cryptos does it mean its value will be fixed? If this happen I dont think it will patronize by the people for one major characteristic of cryptos is that it was fully dependent to the supply and demand whereas in the case of government they control the price of a currency to keep the balance in distribution. Also, cryptos are decentralize, if it will ve regulated by the government it will be now centralize. Hence we cannot consider it as crypto either.