So what might this be about? Almost nothing, I suggest, unless what is really being considered is the use of blockchain.
And that’s when I got this idea. It’s about creating untraceable money. So here is the Treasury trying to actively undermine HMRC, by the look of it.
The entire point, the distinguishing feature, of the blockchain is that every single unit of it is entirely, wholly and completely traceable back to the very first moment of the Big Satoshi. Exaclty because of the blockchain bitcoin is more traceable than cash.