[1]http://www.rand.org/pubs/research_reports/RR1231.html Key Findings Non-State Actors Can Use VCs to Disrupt Sovereignty and Increase Political and/or Economic Power, but Unlikely to Use Established VC; Many Challenges Posed by Creation of VCs * VC deployments are attractive in developing countries and in countries undergoing internal turmoil, where the existing financial infrastructure is either insufficient or weakened. * The rapid deployment of a VC over a large geographic area would likely be less complicated than deploying more common currencies, such as those based on commodities or paper-based currencies. * A non-state actor's VC (including Bitcoin-like currencies) would likely be vulnerable to cyber attack by a sophisticated adversary; more generally, creating new, usable yet reliable VC may pose great challenges, particularly for a non-state actor without technical sophistication. * Promoting adoption of VCs among population is difficult due to newness, lack of legitimacy, and familiarity with physical tangibility of currency. * Deployment of a VC by non-state actors, such terrorist organizations, insurgent groups, drug cartels, and other criminal organizations, would be easier if supported by a nation-state with advanced cyber expertise. * Despite numerous hurdles, trends indicate a future in which VCs could be deployed by non-state actors or other organizations. Sent from [2]ProtonMail, encrypted email based in Switzerland. References 1. http://www.rand.org/pubs/research_reports/RR1231.html 2. https://protonmail.ch/