Hahaha.. Government Cryptocurrencies... Current leaders don't understand too much technology. They will have to depend upon experts that will eventually lead to technocracy in the mainstream politics. I don't think it is a bad thing for now atleast.

Besides that, what option do they have besides wanting to release their own coin?

Do they have any option?

They understand that the entire banking industry is basically a tech industry. Technology moves faster than the governments and they need to adapt, no option.

The other option is to heavily support decentralizemaniacs, crypto weirdos like us..

hahaha.

No way.. They're power hangry..

So, time to release your own cryptocurrency that people will be legally bound to use and suspend the use of other cryptocurrencies that they don't like or come up with regulations or a fast-acting regulation body to kill or devalue the cryptocurrencies.

To have total control of all the accounts.. hahaha...

Go ahead.. Shoot yourself in the foot again.

1. Spread the awareness.
2. You cannot forcefully and legally make a technology do what you want it to do. Idiots.