Banks want cash banned because they spend a lot of money handling it. Also a cashless economy where the banks own all the infrastructure is more opportunities for them to make money.
Basically we're setting up a system where private entities will be able to tax and control participation in the economy, and we're doing it without any sort of debate except over how annoying coins are. Personally I'm not very impressed.
Basically we're setting up a system where private entities will be able to tax and control participation in the economy, and we're doing it without any sort of debate except over how annoying coins are. Personally I'm not very impressed.