You guys do realize that once they make money digital, it's a total tax takeover.

No more handing a $20 bill to a friend or family member (or drug dealer). Every transaction will come with a transaction fee + state tax + local tax + more more more taxes. Every transaction will be indefinitely traceable. Talk about Orwellian nightmare.

The amount will be charged at the time of transaction. If you cannot cover the fees, the transaction will fail.

This ensures that even if the digital cash says I have $100k in my account, I actually have nothing. The gov will posses all real money.

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Let's play a mind game here. Say there's only $100 of currency in the civilian population. How many times does the government have to tax that $100 before they own all of it, and we own nothing? NOT FUCKING LONG AT ALL! This is exactly what has happened and continues to happen. A big pyramid scheme. We're the ones that are perpetually fucked

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This is able absolute government control. If they pass this our society will be worse than China overnight.