[E. Pluribus Unum]

This would drive the economy completely underground. Everybody would operate on a cash-only basis. You would be punished for putting your money in the bank, so you'd stuff it in your mattress instead.

I'm all for this thing. All sources of government income would evaporate overnight.

[JoeFromSidney]

You would be punished for putting your money in the bank, so you'd stuff it in your mattress instead.

Stuffing a paycheck into a mattress doesn't help much. You have to cash the thing. After that, though, you can operate on a cash basis.

You can't buy things on the Internet on a cash basis. That would put quite a crimp in my buying.