What if bitcoin will be made as the official cryptocurrency?

[asebaby]

official cryptocurrency means that government takes part in bitcoin. I don't think people will like it because government might make regulations or even tax for the user and it makes the users feel they are being constrained. the result, however, is many people are lack of interest in bitcoin.

If at all the Government will  even allow it to be of the reach of me and you,because BTC will be an essential commodity,making investors lost interest because of the heavy Taxes they will impose on it its transaction.

[fateh1313]

Bitcoin is main cryptocurrency in my opinion, and is most popular.  i don't think government will legalize the cryptocurrency soon because they still not prepared them to do so no tax policy ,no security system of hacking, even infrastructure , they not even decided they will accept which coin its very difficult for government to do so in short time . but no thought whenever it will legalize  BITCOIN will be there first choice to accept

[cbob1911]

I dont see the chance of bitcoin becoming the official cryptocurrency used universally by all gov't and central banks.  they will want complete control of the currency to begin with and since the technology is open sourced, central banks will create their own official cryptocurrency issued probably by BIS/IMF/WBO.