[JRandomFreeper]

an all electronic monetary system in the hands of central bankers would be a nightmare.

That's pretty much what we have in the US.

The M1 money supply isn't that large, compared to the M2, M3 and M4.

M1 being coin, cash, and checks.

Most of the rest is just bits in a computer.

/johnny

[mac_truck]

Yes, cash and barter are the last remaining ways to conduct business anonymously in the United States, and even then there are limitations.