To me this represents the potentially dangerous side of crypto currency. Governments would love to eliminate cash and that has already begun by the removal of large notes in the Eurozone and in India. For crypto to help free the people it will need to be decentralized and ultimately not attached to the fiat system. We live in interesting times my friends.
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Totally agree.
Still, people have to accept the bloody thing and I assume these will be fiat pegged. A financial crash+Anonymous attack on the network+Data breach is all we need. Plus early crypto adopters will have much power left and nobody will really bring down crypto. We need more cyberattacks on governments and starve the beast financially.