Goverments creating digital currencies - Threat or Opportunity?

[Ozero]

In my oppinion this can become good way to make Bitcoin accepted by more people easier. When more people understand about cryptocurrency then it can make more people interested to invest in bitcoin. I think there is nothing to worry about it. Day by day more people like to choose cashless payment method, this is opportunity for bitcoin.

For cryptocurrency, the creation by states of their digitized central bank stablecoins is both a threat and an opportunity. The digitized currencies of the central banks of states created on the blockchain will be used by states as an alternative to cryptocurrency as a means of payment. Cryptocurrency is still quite poorly used as a means of payment anyway, and with the massive appearance of stable coins of states, this problem will only get worse.
However, with the advent of digitized stablecoins of central banks of states, people's confidence in cryptocurrency should increase, as states will use the same technology that cryptocurrency runs on.

[zanezane]

In my oppinion this can become good way to make Bitcoin accepted by more people easier. When more people understand about cryptocurrency then it can make more people interested to invest in bitcoin. I think there is nothing to worry about it. Day by day more people like to choose cashless payment method, this is opportunity for bitcoin.

This is a competition for bitcoin and if the government chooses to be involved, I think that they are going to be doing any means necessary to make their digital currency more favored than bitcoin. I would say that if they were to go in the industry right now, I think that they are too late because most digital currencies either died down or are useless. The people will always choose what is going to be more convenient for them no matter who offers it.