The parabolic rise and volatile nature of cryptocurrencies portends the enormity of its potential impact. There is widespread speculation. Some pundits predict a cashless society in less than a decade and the more outspoken supporters of Bitcoin predict a price that will eventually crest seven figures. The detractors, irrespective of authority and stature, utter a single word in dismissing the viability of widespread adoption. And that word is “scam”. Not a pretty word. While it certainly speaks to the level of threat the old guard senses from the emergence of crypto and decentralized systems, it also smacks of a fundamental concern that these “monies” can be taken as easily as they can be created.