Central bank digital currencies will allow governments to track every transaction, put conditions on the use of money and take it away for noncompliance with certain “social norms,” and in every way allow for the control of the citizenry. From David Haggith at thegreatrecession.info/blog:
We’re on the brink of a dramatic change where we’re about to — and I’ll say this boldly — we’re about to abandon the traditional system of money, and accounting, and introduce a new one…. The new accounting is what we call “blockchain.” It means digital. It means having an almost perfect record of every single transaction that happens in the economy, which will give us far greater clarity over what’s going on…. It also raises huge dangers in terms of the balance of power between states and citizens.
(from the following video)