Don't you think global transparency in financial systems (thanks to a traceable public ledger) might be a good thing ? (To help fight corruption, for instance)
http://www.bbc.co.uk/news/uk-politics-26865695There are no ramifications even when corruption is proven and openly admitted to by offenders in public office.
For example, in Britain the other day, Culture Secretary Maria Miller
apologised to MPs for her attitude towards an inquiry into her expenses. The Commons Committee on Standards
ordered her to repay £5,800 to cover over-claiming of mortgage expenses after she failed to cut her claims as interest rates fell.
Miller actually made around £1 million in capital gains from the appreciation in real estate/property values after making these fraudulent claims. If a member of the UK public committed a similar offence, they would probably face around six years in jail. For Miller, a simple apology was enough to avoid imprisonment.