"the move of money, savings, investment, and commerce to a field where government cannot see or impede it will represent the greatest shift in power between government and people in human history."

If I remember my history lessons, before "money" , bartering was key...and apart from tithes I am uncertain that any form of "government" existed as we understand it today - feudalism for sure.

So called " digital currencies" are a scammer's delight and I do not think - but may be wrong - that blockchain technology will entirely help.

The concept of 'untraceable" in relation to any digitally based transaction to my mind is potentially wishful thinking - surely it comes down to "my algorhythmic software/supercomputer" vs "your algorithmic software/supercomputer". Digitisation of anything enables corruption and facilitates theft at 186K mph.

If the Intelligence community could monitor conversations remotely by capturing the vibrations, induced by speech, which cause surfaces such as glass to fluctuate, as the US did in the 1980's - 40 years ago - obviating the need for electronic devices to be planted "locally" by difficult covert operations, is it feasible that technological developments since then have made "non-traceable" less viable - especially if Intelligence Services (IS) keep telling us that? "Sigint" has always been "treasure" to IS and even more so now; US satellites where able to detect if Russian tanks were serviceable from space in the 1980's - does anyone really believe it when, say, WhatsApp say their software is "end to end encrypted" - what exactly do they mean?

Acting in "utmost good faith" or uberrimaie fides or the lack of it - to me that is just as big a threat as corrupt governments/central banks using fiat money in a less than honest, moral fashion.