Cryptocurrency is not a threat to governments or the banking cartels. This new technology allows for intensified centralization of power by permitting elimination of lower bureaucrats and clerks with "immutable" virtual ledger system. More resources can be shifted towards increasing the enforcement arm, when the accompanying bureacracy can be curtailed to a few programmers from departments of clerical drones.

Banks, likewise, can eliminate tellers and local branches, consolidating their already significant wealth into fewer and fewer hands. Cryptocurrency is but a tool, and in the proper hands, such tools can be used to extend slavery to encompass the entire globe, rather than be limited to a geographic area. When the nation-state dies, it would be replaced by a global rule, where every financial transaction can be tracked and monitored by the banking and political elite. At least with 19th century bureaucracy, the power could not concentrate too much, as the limits of bureaucracy limited the natural extension of influence. With virtual ledgers replacing all the costs associated maintaining an overblown bureaucracy, humanity's final descent into global conformity can be actualized.