They will abolish cash and they will never use blockchain technology, at least not a decentralized blockchain.
Thats the plan to have total control and they will do it, when it happen lots of people will be left with tons of monopoly paper, the rest will be slave of the rigged new digital money system.
Was already announced that the major banks have been throwing money at the blockchain technology.
http://www.bbc.com/news/technology-34278163Now. the real trick to BTC will be this. If and when they do decided ok lets go live lets bring blockchain currency to the masses via a centralized platform where every bit of money has a infinate record ever coin note fingerprint scan what ever it may be is recorded. then BTC as we know it will no longer exsist. It will be destroyed by goverment somehow.
The trick will be to get out at the right moment. Many people think that moment has long passed. For a long time now the market has been hovering around the same figure. while the difficulty level is rising at a steady rate,
Who is to say BTC was not the brain child of some shady government outfit working on a "trial" of De-centralized currency. to see what happens. to test the technology behind the networks. the equipment, the encryption the wallet's. Only to kill it off and use the system to change currency as we know it..
Who know's...
All I know is the banks getting into Blockchain technology can only spell one thing for the people...
Damn man, that's quite some theory that you got here!
Answer me this please, when governments create this centralized blockchain with the fingerprint scans, account controls, following of money, etc.. Do you think that people will use this? Or they will turn to decentralized Bitcoin where none of this crap exists?
And OK, we can assume that if this starts happening, governments will step in and destroy Bitcoin via a 51% attack or in whatever other way, but even if they manage to do so, something else will emerge. Some other coin, some other solution will show up.
Understand this, we have tasted freedom with Bitcoin, there is no coming back now, ever again once we tasted this freedom! That's all it counts!
I am on your side with this. But people always get a "taste" of freedom.
But freedom is something that can be taken away just as quickly as it can be created.
People say this all the time.. Oh another coin would pop up yet every coin out there so far to date has yet to come close to the value bitcoin managed to break,
and if they decided to make it a "official thing" then just start bringing charges against people who operate or are involved in creating these new coins.
Not only this the upside to banks using blockchain technology is it will dramatical reduce banking fraud. which will be a massive seller for the governments and banks. Don't forget all that money they pumped into the UK US and EU banking systems in the past 10 years to bail them out.. They have had a massive kick up the ass and told to get thing fixed and use this technology.
With almost all banks trialling RFID bank cards "touch and pay" that would be perfect to link into the blockchain system. Infinite logging of every card transaction ever day. who has what money at what time,,,, dose that not sounds like a gold mine for them?
Also it would dramatical reduce the crime of money laundering. Would make it very hard for businesses to be laundering dirty money when they can just follow the block chain to see where it came from and where its going..
There more to all this crypto coin malarkey that most of us will ever know..I'm sure one day it will all come out to be some massive conspiracy somehow..
Everything is these days..
