Electronic Cash: The End of Privacy
Imagine that cash never existed. There are only electronic records of all our financial transactions. Then imagine the reaction from the government if cash were to be introduced. They’d be horrified. They’d fear financial collapse. They’d consider cash a weapon of mass destruction launched against law enforcement. They’d claim that because cash is anonymous and untraceable, it’s only of interest to criminals, drug cartels, terrorists, prostitution rings and money launderers.
