For me, it's a big threat since the government can not boycott bitcoin's locale so they make something comparative of it. They can control their own advanced money which means they ready to control the cost. Nobody needs to pay profoundly charges to the government. In the event when government imagines that utilizing digital currencies is useful then why not acknowledge the bitcoins. We can not trust the public authority since they're against the bitcoins
Maybe a threat but I'll call it a little threat.
Big investors of bitcoin knows that a digital currency a government creates are more faster and cheaper compared to bitcoin transactions, but you know why they are still investing in bitcoin, because they see more importance of bitcoin than just a digital currency, it can be a good reserve as this gives good value of your money since it's limited in supply and it's not controlled by the government.
People came here not to brag how fast bitcoin is, they came here to say how fast they make profit investing in bitcoin.
Exactly, we might even consider this a major threat because the purpose of governments creating digital currencies is that they are looking to update the market trend, digital currency investors are too many, tax losses and money laundering are too great, the government needs to reset these numbers, they don't want investors to go underground without their permission, they want everything to be made public. But if Bitcoin is too popular as it is now, the government's plan will go bankrupt and the best way is to get rid of bitcoin's market, a huge threat to the future
