Currently, we have US currency that exists only as coded entries, they don’t even bother to print it and warehouse it -that’s expensive.
Once we go cashless on scale, forget it...nobody will know what actually exists.
About a decade ago Mexico passed a law such that ALL land belonged to the government. We’re headed there, they will collateralize every thing, hypothosize and rehopthosize everything out from under our feet. All to pay for an ever failing welfare state. Feudalism.
I didn’t think of that. all of your wealth and holdings will be nothing but a few megabytes on a server. That means they can fully (and I mean fully) control everyone completely.