So apparently this new bill is pretty bad for cash.

http://www.zerohedge.com/news/2017-06-14/you-wont-believe-stupid-new-law-against-cash-and-bitcoin

The way the law is structured, cash and high-value objects are to be either tracked by self-report, or confiscated. Obviously this is another push to bring about that whole globalist cashless-society thing. I always assumed the modern implementation of that would be credit cards, but what if it actually happens with crypto-currencies?

When you think about the rules in this new bill, an encrypted file with digital currency is the only thing that a cop would never be able to prove was valuable, even if they had probable cause to search you. This basically means that this law would be pushing up directly towards a cashless society, with cryptos as a method of black market exchange.

Now what happens if the digital currency was completely traceable to an IP? What happens when the NSA has front door access to nearly all ISPs and VPNs, and crypto-echanges? What happens when they have hardware back-doors for the ones that don't comply? What happens when the NSA has finally complied enough supercomputers to actively do all the monitoring in real time?