Bank Of England Chief Economist Calls For Cash Ban, Urges Negative Rates

Banjo said:
It's not bitcoin itself they're interested in, it's underlying tech, the blockchain.
http://www.bloomberg.com/news/featu...tells-banks-the-blockchain-changes-everything
They aren't backing anything that doesn't benefit them in multiple ways.
http://www.zerohedge.com/news/2015-04-30/first-blythe-masters-now-goldman-investing-bitcoin
With digitization of $$ they will have ultimate control. With the click of a mouse, bail ins, no runs on banks possible, minimum withdrawals, instant ban on sending funds to destinations. Another click, you can't click.
https://www.linkedin.com/pulse/cash-policy-tool-interview-hon-dr-harald-malmgren-tavares
More...

After doing some research today...I see some are true statements above. The worst of the worst global banks (goldman, JP Morgan, UBS, Barclays, morgan stanley etc..) have grouped together within some last days and put their weight behind blockchain in the capacity of using blockchain with the USD in a very controlling manner (ie., propriety systems, inserting fees, applying biased compliance regulations, attempting patient and trademark applications). They are also trying to unsurp/headoff bitcoin itself by replacing it with USD based credits/debits within the blockchain. Their involvement in this area is quite worrysome indeed.
 
All the central banks really have left in their toolbag is to destroy the value of their currency (to save it! Just like Vietnam!).
 
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