Canada Starting to Switch Over to Plastic Currency

[Daifeichu]

I would imagine that eventually physical currency will be outlawed. Credit cards, working through a system similar to something like Bitcoin will probably eventually come into practice. The government will claim that terrorists are using physical currency to buy illegal items on the black market and that the physical currency is not trackable which makes its a security risk. So they will create a system similar to Bitcoin where every transaction can be tracked and verified and the wealth of all the individual people in the system will be known at any point in time, thus making it easier for the government to tax you accuractly. If are an enemy of the state the government will lock you out of the currency system. Using or creating non government issued currency will be illegal.

But I could be completely wrong.

"Louisiana makes it illegal to use cash for secondhand sales."

http://www.techdirt.com/articles/20...it-illegal-to-use-cash-secondhand-sales.shtml