From Don Quijones of ragingbullshit.com:
And yet we continue to sleepwalk, almost zombie-like, towards a cashless society. For the sake of a few gains in convenience, we are prepared to grant our governments and biggest, too-fat-to-failest banks the possibility of complete control over our every single daily transaction. And while virtual currencies like Bitcoin might seem like an antidote from this scenario, they are, as Shay warns, also subject to monitoring and can be regulated in ways that could limit or even end their utility.
Paraphrasing one of the most quoted dictums of our time — courtesy of the great, late Lord Acton — we are, it seems, descending into a world where new technologies threaten to put absolute power well within the grasp of a select group of individuals and organizations — individuals and organizations that have through their repeated actions betrayed just about every possible notion of mutual trust.
https://ragingbullshit.com/2014/01/28/we-are-sleepwalking-towards-a-cashless-society/
Yes, I see this daily. Cashless. I am a guilty, willing participant despite my knowledge and lackadaisical desire not to be.