If banks and governments create their own cryptocurrency, will the people still be the ones to give value to it like Bitcoin and will we be able to store it in our own ledger to protect our own money?
If you mean the creation by governments of their own digitalized currencies of central banks, then they can be very conditionally classified as cryptocurrencies. So, the Chinese digitized yuan will actually have nothing to do with it at all, since it is not even based on blockchain technology. This will be another type of non-cash payments in yuan. The same digitized currencies that will be issued on blockchain technology will in fact be only stable coins. Their functionality and interaction with cryptocurrency will still need to be looked at and evaluated.