the goverments have plan to create their own cryptocurrenicies, so the btc and eth was just testing currencies to see how it works and get people to use with cryptocurrenies?
first whats wrong with fiat currency? the cash is works good nothing wrong with this.
second how they are going to control how much to issue the currency and how the value will be backed?
and by who the transparanscy is guranteed?
If its issued by the government expect the unlimited supply and this is the big problem o fiat currency which ordinary people didn't realize how the inflation is killing the value of fiat money.
Yes, some government is trying to create their own digital currency so they can still control their people and I'm just thankful that I'm living in a democratic country which I can have the privileged or the right to choose on what currency to be used. Hopefully every country can still support bitcoin and altcoins, we are not here to compete at all because we just want to offer a good services to everyone.