Your choice of establishment needs a capital E. You may not realize it, but a significant part of the political sphere is absolutely, cripplingly dependent on a

Your choice of establishment needs a capital E. You may not realize it, but a significant part of the political sphere is absolutely, cripplingly dependent on a tightly controlled financial medium of exchange with tight, inescapable integration with tax authorities/law enforcement. If everyone were to suddenly remove all their money from banks and the financial system, and only started transacting point to point, and (lets handwave the how and just say that everyone immaculately keeps their own set of books/accounts with everyone else, not on a public ledger), the entire political/regulatory power structure of the United States falls apart that day. Money transmission regulation cannot be coordinated/scaled to effectively service period at a population of the U.S. scale. A) Private books means if you really want your tax authority to see them, congratulations, send a warrant. Oh wait, due process (not enough hours in the day). B) If we assume the magical bookkeeping extends only to facilitating a transaction, but not records retention/OFAC, that goes out the window. LE integration too. AML, gone, KYC, gone. On the upside, everyone can send anyone money. On the downside, there's a hell of a lot that no one talks about that goes into that than anyone probably has the patience, comfort, or intellectual fortitude to sit through. Also Wall Street dead. I mean, for me it's a hard choice. Possible national collapse, dead Wall Street, and chance to reaffirm and rebuild a nation... Dead Wall Street... Let it be known: I very much dislike what out financial system has done to the U.S.