> banning cash, stops all petty crime, tax evasion, drug dealing, etc. immediately. Is this sarcastic? You do realize the vast majority of tax evasion happens

> banning cash, stops all petty crime, tax evasion, drug dealing, etc. immediately. Is this sarcastic? You do realize the vast majority of tax evasion happens through banks right? Like African dictators stashing dirty money in European or Swiss Banks, or Mexican druglords using HSBC to launder money. Specifically in scandinavia: > the leaks with the detailed administrative records of wealth, income, and taxes paid that Norway, Sweden, and Denmark maintain to offer a detailed portrait of tax evasion in the three Nordic countries. The findings are fairly shocking. Throughout the three countries, about 3 percent of all personal taxes are avoided. But among those with more than $40 million in assets — not the top 1 percent but the top 0.01 percent — about 30 percent of taxes are evaded [0] Do you think the top 0.01% avoid their 30% of taxes by carrying cash? What about drug dealing with cryptocurrency? Or petty crime with credit card copying? How would banning cash make a material difference? [0] https://www.vox.com/2017/6/7/15745978/tax-evasion-zucman https://www.vox.com/2017/6/7/15745978/tax-evasion-zucman