[perf1]

It's a receipt for disaster. Especially if they centralize it even more by replacing banks with a Central Bank that fully controls the Digital Currency. Which they are already planning and testing. This will be misused. And people can be controlled with this in a really bad way. If your Social Credit Score is low you could be taxed higher or even forbidden to drive your car or travel, for example. Your food choices could be restricted at any moment too if you don't behave.

[jeroenhd]

You don't need a cashless society for any of that. Background checks and basic identification requirements can already impose oppressive regulation on everyone even if the products are paid for by cash.

Cash is just an IOU for the bank that can be devalued at any point in time. If you want to avoid government oppression, go back to bartering rare metals. "Yes but what if the government turns oppressive" isn't an avoidable scenario, cashless or not.