Of interest.
Everyone benefits from a cashless society… except for you.(emphasis mine)
For individuals, cash still has plenty of important advantages.
Cash is one of the few remaining options for financial privacy that doesn’t create a permanent record of every purchase or transaction you make.
It’s also an easy way to reduce your exposure to risks in the broader financial system. "
Citibank is a commercial bank, generally not holding many individual customer accounts, with an emphasis on Corporate funds and accounts.
This is little more than an commercial banking exercise of monetary control with "more control over your savings
and fewer obstacles to impose capital controls or engage in Civil Asset Forfeiture" if you don't conform.
The best way to control dissidents is to control financial expenditures and assets; the most recent and best example is the 7 year IRS discrimination with Tea Party activists.
By denying them non-profit status, the IRS effectively denied them a funding source, income , and they financially starved them out; an exercise of governmental control.
The decision by a middle-level IRS manager, a nondescript governmental bureaucrat made that policy decision, but that decision killed a Conservative grassroots political uprising.
Any control of the population, whose income and assets are controlled by government or by the banking system, should be viewed with a jaundiced eye
since there is a revolving door from government to the banking and financials industry.
Citibank is just the start, and is an experiment to see if the population is as prepared to join the cashless society as are both government and the banking system.