When I started seeing news that somegovernments are planning on creating their own cryptocurrencies, I started having this same thought on whether the governments are going to allow Bitcoin to be around and used by people after they have all created their own cryptocurrencies? I know for sure that their cryptocurrencies are going to be centralized so that they would be able to regulate it.

Since, Bitcoin is decentralized they might declare it illegal and stop exchanges from selling and buying decentralized cryptocurrencies, and then exchanges would stop buying and selling of decentralized cryptocurrencies and then start to support only the cryptocurrencies that are issues by the government and they will be working handinhand with banks. Well, let’s not assume till then.

I don't think so, not all governments are this idiot, so among countries the division is already there, with those favoring it weighting more the few that outright banned it.

From another perspective, banning Bitcoin means refusing wealth from entering your country. If you have 3 countries, two that ban Bitcoin but one doesn't, logically you will see more investing in the one that allows Bitcoin. This divide already exists, and i'd say only a minority (about 15 countries) banned Bitcoin.

Also the generational divide, as younger people more familiar AND in favor of Bitcoin reach positions of power, and the old dinosaurs die of age, the balance of those against vs those in favor will simply favor Bitcoin. In the long term, Bitcoin has advantage, and by then they can showcase Bitcoin's history to ease acceptance.

There is also the population learning about Bitcoin and what it means to the world.

Think of Church and State, so far for the most of the history of human kind religion and state were one and the same. Don't you think there was fierce opposition to the idea that both should be separate? Same thing here, money and state.

If the governments suddenly lose the power to change the rules of the money in everyone's pockets, they are forced to act more transparently. To make a budget fit, make everyone poorer, is a choice that should disappear, as religion can no longer decide who is the head of the State.

There is no turning back, also in world acceptance. Many countries are accepting Bitcoin with various levels of meddling "regulation, kyc, etc". Expected in a transition when there still many from the old school. Some of you see no point, why, you haven't lived what it means when your government decrees that you are now poorer, because they pour more fiat coins into the economy. They must lose this power altogether, and no, just because you live in a "nice country", that "has never done that", doesn't mean they can't; as long as that power is there it can be abused.

Bitcoin is the only way such thing could never happen again. People will learn and understand about this, and give Bitcoin its appropriate value based on usefulness. Bitcoin is more useful than fiat because of this and more.

Eventually the discussion will be: Why not just use Bitcoin as the official currency? Not the other way around... Endgame is more like, consider the dissolution of the USD, and EUR, etc. Of course gov backed centralized altcoins have no future. The WHOLE point is pulling the gov OUT from changing the rules on a whim to the currency. And this means the rules of the coin alone, how many coins there are, etc. Which for Bitcoin its a program following instructions in a worldwide audited open source code executed by nodes also spread worldwide run by anyone that wants to (unrestricted).

Bitcoin is the only true stable coin, its rules are stable, the others, not so much. This gives it tremendous value, no more should you put your trust in your or a foreign government or bank institution.

The future of Bitcoin lies upon us. If we are not able to adopt this new system, a new way for payment and what the others think about it, this gonna have an end. But we are into that adoption, people started to use it as a normal way for doing transaction just like of using fiat. But there is some situation that will put into question and the credibility of crypto because of its high risk and its volatility feature where people might give them an option not to adopt this and so the government support.

Well, we're not hoping for its end because some of us have benefited from this but the question is, how long we can make to manage to hold its risk and our support?

Nothing will last forever, including BTC, but I can´t think about longevity of BTC right now, maybe we are in the mid of the life of BTC, maybe it´s just the beginning...
People always make estimatives about the last block of BTC, when will occurs etc, but we have to think about the relevancy of BTC, because it's a product of tech, and we all know that technology evolves in a quickly pace, more than in any other area, so we have to accept that BTC is not eternal

I have mixed feelings about this though. They won't be able to actually "stop" the usage of Bitcoin, be it in the case that they're against it. They might just make another cryptocurrency of their own and actually there are already plenty of countries planning to make a crypto of their own, because people would just continue using any workaround to still use Bitcoin through VPNs, in cases that ISPs blocked crypto-related sites.
Here is the list that I mentioned previously: https://coinsutra.com/national-cryptocurrencies/

How about we not overlook the way that lately , the Governments are arising to be Bitcoin-accommodating as lately . like, as an example , the lifting of the boycott by the commercial bank of India and therefore the advancement made by the Chinese President. this is often the sign that they will not shut it down, rather, they let it get along side their arrangement on making their own advanced money. they could be an appointment to shut down some different coins, however they're going to make some hard memories closing down bitcoin for quite 10 years. that's the rationale they beginning to embrace it now instead of thoroughly prohibiting it.

Yes and one polemic in my country is that no one wants their absolute centralized coin because, lo and behold, their own institutions are NOT accepting it. This coin, was artificially pegged to assets. Such assets have been falling with the pandemic, but guess what, according to them the price of the coin remains magically the same.

The market however, thinks differently. But the worst thing is that people feel scammed, because once they get into it, they can no longer use it and have to sell it for a quarter or less of what the intended value was.

Governments made fiats, and their altcoins are as bad or even worse than those.

Bitcoin is valuable among other things because it doesn't depend on any government. Its like finding an oasis in a desert: A coin that doesn't lose value overtime, going against the Chicago school dogma of induced inflation to stimulate people getting in debt and have banks make more vapor money to loan thanks to the ponzi scheme of fractional reserve.

But the world will learn the truth someday and the Chicago school will be kicked. Be ready for Austrian school economics, its the only one that embraces money that doesn't lose value overtime...

I feel that every one monetary standards, regardless of whether cryptographic money or not will in the end become ancient.

In future we'll have innovation that renders things like copyrights, licenses and for all intents and purposes everything else futile. Individuals will have 3D printers which will deliver materials on a nuclear scale, which can consequently permit everyone to print whatever they need , whether that be nourishment, a substitution book, a substitution house or whatever.
In a future where nothing is rare, cash has no worth.

Not really, because Bitcoin has the backing of the government-sponsored media and banker-funded institutions like Blockstream.