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Comment by aleph_minus_one

> And the idea that physical money primarily aids social fraud, money washing and other illegal activities is pretty well established. They even killed the 500€ bank note, because it was almost exclusively used by criminals and most normal people never even touched one, much less used one for legit transactions.

At least in Germany in particular older people prefer to pay cash if possible - this gives the banks also less leverage with respect to abhorent fees. Since many people in Germany neither trust the banks nor the government anymore, acting this way is very rational.

Also the arguments concerning cash restrictions are seen very differently by the population: since there existed two oppressive regimes on German soil in the 20th century, a lot of people realize that the restrictions on cash are just another step towards restrictions of the citizen's freedoms (thus I am honestly surprised all the time that a lot of US-Americans who are so freedom-loving and distrust the government concerning the restrictions of civil rights are not in love of cash).

Thus, in Germany there exists the saying "Bargeld ist gelebte Freiheit" [cash is lived freedom].

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