Government Cryptocurrencies Won’t be Able to Compete With Bitcoin, Here’s Why

Governments are attempting to recreate the success of bitcoin and decentralized cryptocurrencies like Ethereum with the development of permissioned ledgers and state-owned digital currencies.Unfortunately, for governments, centralized cryptocurrencies and permissioned blockchain networks will not succeed and ever secure a fraction of bitcoin’s user base for a simple reason: the lack of decentralization and a peer-to-peer protocol.
Myth of Blockchain
Over the past 12 months, blockchain tech