The cashless society will be the first step in this process:
The Wall Street Journal has published an Op-Ed - authored by two NYU professors: Max Raskin and David Yermack - on the subject of the digitalization of currency. The strawman offers several pros and cons to a 'world without cash' but before we start, one commenter summed up our own skepticism...
Despite its shortcomings, would this system make sense for the U.S.? With less physical currency being used every year, the Federal Reserve would be negligent not to consider the possibilities. The march of digital commerce may eventually make the benefits seem overwhelming, and it would be wise to be ahead of the game rather than trying to catch up at the last minute.
So, while carefully worded, it seems the authors recognize that digital dollars are an asset only to heightened Federal government tyranny... and yet believe this idea should be pursued?