[BlackAdderess]

Of course he is not proposing a 100% e-money system, just doing away with larger bills. That is troubling though, nonetheless as it aids in the downward creep of the cashless system.

[ChildOfThe60s]

Incrementalism. There is no doubt at all the end game is all digital currency. NO doubt. If you pay a monthly fee (or any fee beyond the cost of checks) for a checking account, you are basically doing a "bail in" for the bank. When cash is abolished, you will pay a "fee" to keep your money in any sort of bank account.

As well as the fact the government can confiscate any amount of that money it likes under whatever "legal" pretext it decides sounds legitimate. It's called asset forfeiture. No conviction of a crime required.