- Denial of purchasing power
- A complete loss of anonymity
Don’t believe me? Read FA Hayek’s The Road to Serfdom. Totalitarian governments must resort to force simply for the sole reason that people will naturally refuse to comply with widespread theft of their own goods. This force will only continue to grow in its usage.
Totalitarians do not accept blame for their own economical failures. The state is the end of all things to them, and as such, the end justifies the means – no matter how terrifying such a means may be.
Once cash is abolished everywhere, your attempts at any form of anonymity will be destroyed.
You already have an amazing amount of data that has been collected from you from your Internet search history, GPS data, voting history, bank statements, credit card statements, phone data, and a host of other publicly available information that easily allows people to deduce information from you.
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