...As predicted, the war on cash escalates.
European Central Bank votes to ban the €500 bill which would eliminate 30% of the euro supply.
The U.S. Should follow suit soon by banning the $100 bill which would remove ~50% of the gobal dollar fiat.
The rationale of course is that unless you're a drug dealer or a terrorist you don't need large bills.
And the earth muppets slumber...
"The recent Harvard study suggests — guesses, really — that about $3 trillion changes hands each year in international money laundering, drug dealing, terrorist financing, corruption, and other crime. Most of that involves cash. If they can’t use cash, some will find another way. Some will use gold. Some will use one-carat diamonds. Some will use London real estate. And some will use bitcoins."
http://www.marketwatch.com/story/heres-why-you-have-to-start-taking-bitcoin-seriously-2016-02-19
I am not sure if elites are doing that on purpose or not but if serious criminals start mass-using cryptocoins it is guaranteed that we will not see any regulation happen any time soon or ever. Unless there are regulators brave enough to mess with Jakuza, Cosa Nostra and others alike which I totaly doubt. Like hackers defending cryptocoins, shutting down any shit out there, would not be enough.