“Cash in hand is different. It is physical. Paper. You can do what you want with it. And you don’t pay a negative interest rate.  Which is why the feds want to ban cash… They say it will make it easier for them to stimulate the economy.  As long as you can hold physical cash, you have an easy way to escape negative interest rates: You just take the money out of the bank and put it in your home safe.  But if physical cash is illegal, you have no choice. You have to keep ‘your money’ on deposit at the bank… and take whatever negative rate the bank imposes on you.  Of course, the idea that taking away your money will stimulate economic growth is ridiculous.”

http://bonnerandpartners.com/the-first-shot-in-the-war-on-cash/

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