If my idea proves to be correct, will the government of the country accept it?
1. Will the government of a country ever want their banking sector to be abolished?
2. How will the government collect taxes from the people?
3. If the government can't keep track of people's legitimate money, won't corruption increase?
If you look at it critically you would realize that we all know why Bitcoin or cryptocurrencies in general has not been fully adopted by most Governments. We can say for a fact that no Government will want to abolish their own Central Bank or any other privately owned bank in their country for obvious reasons (Taxes) which is the major issue to governments IMO and we know that the nature of cryptocurrencies, if you cant track the monies then people are free to do what ever they like and of cause crime might increase.