This move although being hailed by masses as a 'revolutionay' of sorts is just another in a series of attempts by governments worldwide in the Global War against Cash. The central banks are pushing hard to eliminate every single trace of cash from the economy which they offcourse can't monitor. All the reasons for which governments/bankers hate bitcoin, apply to cash too and they are hellbent on destroying whatever is left of individual's liberty. This is just a step towards total elimination of cash. What may follow afterwards is beyond people's worst nightmares. How about Negative interest rates for starters?