The price of Bitcoin would get killed completely, you would be looking at Bitcoin below $1000.
killed completly but have a value of 1k ? but we always look forward for that moment or when btc hit 1k , not because we believe on what you are saying or we hate btc and wish btc to die but we love to take advantage of what btc has to offer .
governments or countries creating their own cryptos already happened before , where you at that time ? but look at btc now , btc is unaffected and growing healthy .