The End of Cash

[Organ Morgan.]

Hardly ever use cash. But I am ready for them. They wont get me. I have an allotment, so I will survive.

Once physical money disappears so will any semblance of the anonymity and privacy it provides. Governments and their banking masters will know exactly how much everyone has and will be able to steal it at will via negative interest rates or simply through bail-ins.

Other than some low-level bartering, every transaction for goods and services will be easily identified. There goes what's known as the black economy: the government will get more in taxes (a polite word for stealing) for them to redistribute to the top 1%, or fraction thereof.