Sure get rid of coins but cash is not going away. People have already witnessed what happens when the control of money is centralized. So convenience, hygiene, and theoretically anti-fraud sounds great but people do not want to be locked out of their money. The theory of less risk of theft is upside down. Centralizing money will attract insider threats and more likely massive numbers of people lose money just like what is occurring in web3 exchanges. Cash can only be stolen by locals and some of us have moved to safer places. Should centralized money come to pass many of us will just move to local food production, bartering and ignore the tax system all together.
If there is any doubt that people would start getting locked out just look at politics and de-platforming today. Once everyone's money is in a central location and people are on the "wrong side of the fence" they would be put on financial lock-down and it might not even be from their own government or for a legit reason. Without access to their money hiring lawyers would be a challenge.
If there is any doubt that people would start getting locked out just look at politics and de-platforming today. Once everyone's money is in a central location and people are on the "wrong side of the fence" they would be put on financial lock-down and it might not even be from their own government or for a legit reason. Without access to their money hiring lawyers would be a challenge.