For a while, there was a hard push to eliminate cash as a medium for transactions. There are a host of reasons why people and businesses would prefer to transact business with plastic or digitally, but that was a business choice above the use of cash. The argument wasn’t just about the virtues of a cashless society, but that cash was the currency of criminals.
The key point is that deals done in cash weren’t on the government’s radar and couldn’t be proven by records. In contrast, deals done by plastic or digitally had records. They could be traced. They showed where you were and when. They showed how much money you paid, and thus how much you had, and whether you were hiding it from the government or paying out more than you should be able to, unless you were engaged in criminal conduct. Continue reading

