Encryption=terrorism, cash=terrorism.
Larry Summers: "The fact that... in certain circles the 500 euro note is known as the “Bin Laden” confirms the arguments against it."
https://www.washingtonpost.com/news/wonk/wp/2016/02/16/its-t...
Larry Summers: "The fact that... in certain circles the 500 euro note is known as the “Bin Laden” confirms the arguments against it."
https://www.washingtonpost.com/news/wonk/wp/2016/02/16/its-t...
Also, you are playing against privacy because some corrupt people use cash, sounds a similar argument than prohibiting cryptography.