banning cash for me it makes sense to hold things that are nearly as cash a good preppers list comes to mind imeadiately i guess one needs to decide how deep and how long it will be and hold things accordingly the reporting threshold is for making cash deposit into a bank that is a disincentive for converting cash into bank debt so that would be more a war on debt than a war on cash even thogh cash does become less useful anyway people who complain about fractional reserve banking or even debt in general should applaud efforts to do away with bank deposit.
'disincentive for converting cash into bank debt'
No, I still think cash reporting laws are a disincentive for converting bank debt into cash. If it's difficult to deposit cash back in, you think twice before taking cash out.
In general, the elites prefer the more leveraged assets, since the process of leveraging is what gives them power and wealth. Since deposits are one step more leveraged than cash, they are preferred.