RE: Bitcoin Will Succeed in Ending the Federal Reserve's Currency Monopoly
Bitcoin is the Bait! Fedcoin is the trap!
Bitcoin is the bait that warms society up to a blockchain crypto-currency that could end in a cashless society. The problem is, the Central Banks (The Fed) have proven in the past, they hate competition and have had alot of their competition jailed.
Once the Fed has society calling for the end of the dollar and the take-over of blockchain currency, they will announce Fedcoin (or some similar name). And at the same time they will criminalize the use of any competitor's coin.
The real danger in all this is, if Fedcoin succeeds, they will have a 1 world currency that if you say or do anything to upset them, your account will be closed and you won't be able to to buy or sell, because you people put an end to CASH!!!!
Think twice before you end Cash!