A single kill switch is much easier to control the people than a thousand kill switches.
Just like control of the Internet, when Obammie the Commie started flapping his lips about needing a kill switch.
Paper currency allows us to conduct transactions privately. Once it goes digital, there will be no privacy and the government can negate any transaction or any transactor it decides to.
But it matters not whether the “single kill switch” is attached to a printer or to an internet banking node. Sending Social Security payments digitally does not make it any easier for the government to not send them, only makes it cheaper for them to send them. Not getting the electronic payment will cause as much outrage as not getting a check, neither more nor less. SS payments never came as cash so the ‘private transaction’ argument is void: one has to cash the check and get cash, or one has to make a withdrawal of the electronic payment, either way, the transaction can be traced until one has the cash. Give it up. This is a good development, even though it comes on Obama’s watch.