BIS: Digital Currencies Could Disrupt Central Banking ModelSpecifically, there may be no need for a central bank to issue currency if a distributed ledger is backing a widely used digital money, says the BIS.
"In some extreme scenarios, the role of a central body that issues a sovereign currency could be diminished by protocols for issuing non-sovereign currencies that are not the liability of any central institution," the report states.
http://www.coindesk.com/bis-digital-currencies-could-disrupt-central-banking-model/Isnt that our deam?