As there has been a piece of this project missing since I ever came into it, I believe we have just found the problem for the solution that is Bitcoin.

Not an IF, but WHEN this technology is finally incorporated into smartphones, and whatever the next gen replacement device ends up being, it will start another revolution of the people through their tracking and buying power. Yes, it can be used against them just as all tracking is, but even more than that it can be used so completely decentralized that nothing could stop it beyond the entire ban of the spectrum it will use. Even if that ends up happening, there will certainly be enough Electrical Engineers and hardware Hackers out there who will move beyond the limitations set by the governments(s) in the ongoing pursuit of The Hacker Ethic.

It will be amazing to see what results when this technology comes to fruition. Think of the changes when people were given the ability to think for themselves and publish(think Bill of Rights for United States of America) and now apply that to economic policy. Freedom to create, save and spend as wanted without limitations set forth by processing entities. If the economic model that Bitcoin uses fails to succeed as we all hope and plan, then it is merely a chance to try something else. Still without a fake 'controlling entity' who merely upends the market and helps greed grow. This would enable not just a test of Bitcoin, but a test of the coming generations in freedom and liberty never seen before.

Edit: Fix some spelling errors to give clearer language and understanding. Add extra ideas. See original quoted post below: