~~~100% cash. The only way to go. Government: Track me if you can.
Every real piece of American currency has a unique serial number printed on them. Could a ATM track these numbers when they give you cash. How hard would it be to scan these during tranactions. While testing a currency counter for a major bank with an oscilloscope we could see clearly magnetic codes hidden in the bill that we could not find out what they were. When the bank service people asked the local feds they didn’t denied knowing anything about them.
The Feds DID deny knowing anything about them, or they DIDN'T deny knowing about them?
What if the feds recorded the serial number of every $20 bill given out by an ATM, and required banks to record the numbers of every $20 bill deposited? Where’s George? Washington or Orwell?
Excellent point.
Shows how paranoid I am - when I make a withdrawal I do it from the ATM outside and make it pay out $100 bill denominations. I then take the bills inside where they exchange them for me (without showing ID).
Not impossible to track but the broken chain makes it harder.