I would not mind the problem as much if Banks worked like banks of old rather than opinionated service provides. Banks today limit how much cash is withdrawn and for what purpose, and any transaction is added to a permanent record. This record is then turned into precious customer data which can be used for any internal purposes, shared with partners (like insurance providers), and given to several government departments like tax collection, social security, the local police, secret police, national spy agency, foreign police and spy agencies, and so on. The customer has zero control and is barely recognized to be a stake holder at all.
It is possible to create the cashless society without the above problems, but no governments or banks are interested.
It is possible to create the cashless society without the above problems, but no governments or banks are interested.