I agree that it's not binary and that in some cases bills are tracked. However, no one is keeping track of every minor cash transaction, which they would have to do to know who has each bill.
What would even be the point of tracking bills at that level? It would be enormously expensive and serves no valuable purpose.
Exactly, this is why they want to kill cash and move everything to CBDC because it makes tracking/control much more efficient.
reply
That was going to be my next point, if someone pushed me for another one.
reply