https://s.thestreet.com/files/tsc/v2008/photos/contrib/uploads/bitcoin1314-large_600x400.jpg

Read background article:
https://www.thestreet.com/story/13684362/1/move-out-of-the-way-bitcoin-here-come-the-banking-heavyweights.html

Basically, a number of large banks are teaming up to create a utility coin for transfers and payments to compete against other crypto currencies.  Because it's run by the banks, they will be able to directly market to all their customers (individuals and businesses).  If it works, it will spread.

## My predictions
* With mainstream acceptance by large banks will come mainstream attempts to regulate 
* Just like with fiat currency, many countries will strive to attach real life identity to these coins
* Using these coins in any way not approved will become a crime
* Other crypto currencies will get caught in the wave - we've already seen this with [bitcoin](https://cointelegraph.com/news/eu-to-register-digital-currency-users-record-bitcoin-transactions)

### What to do?
First, I think coins like Dash that are geared towards anonymity will get a huge boost because of both the mainstreaming and the anonymity.  As legislation aims at the one thing legislators know about (bitcoin) it will allow users to slip under the radar and hopefully create a working network that's truly untraceable.

I think that moving money out of currency in general is a good idea.  All crypto currencies have wild fluxuations in value on occasion - moving money into stocks (especially  multi-nationals) acts as a hedge across currencies and we know that the large companies heavily influence the legislatures.  Picking the right companies would be crucial.

### Crypto apps are going to get HOT
Developers who want really killer skills should get up to speed on blockchain tech (I'm working on it) because when this hits mainstream there will be shockingly few experienced people.  Experienced engineers with blockchain knowledge will be able to name their price.