I think the government, holds to benefit from this, and there might be no need of lobbying. Any transaction in cash for such a high amount, is intentionally done to keep the transaction off-book (and avoid taxes). There is little reason, why one would go through the inconvenience of managing so much cash, when a digital transaction is so much more ergonomical.
India too is aggressively trying to achieve this. One of their rather bold attempts, called demonetization, happened a few years back, but it failed. However, in principle, I agree with the idea of having a cashless economy, so that government has data to see who is lying in their tax returns.
India too is aggressively trying to achieve this. One of their rather bold attempts, called demonetization, happened a few years back, but it failed. However, in principle, I agree with the idea of having a cashless economy, so that government has data to see who is lying in their tax returns.