Quote from: Distinctin on Today at 09:59:13 PM

Quote from: NatureMoves on April 11, 2021, 12:03:24 PM

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?

They are free to do that but that seems not it gives a huge negative impact on Bitcoin.
because no matter what the government and banks doing, Bitcoin still the king among cryptocurrencies. This gonna be optional but I'm expecting that people will still be choosing Bitcoin that these centralized coins. We can keep and store our Bitcoin with no commission and our fullest controlled wallet, not like how it going to happen when using banking institutions.

Wont really be giving out any impact on crypto market as a whole because government would always deal up with things which are centralized which does oppose
on what we are currently dealing with crypto which isnt really that giving out some typical interest because we know that government would be sticking out
on having control on everything and if they do decide to create their own coin then let them be but one things for sure that it wont be considered to be called
as crypto because basing off with characteristics alone then you can determine the difference between night and day.