Why all the concern over converting to a digital currency? It’s already digital. Nobody carries paper money. When was the last time you saw a wad of cash like this?
The last time I saw a wad of cash like this, a client came into my office to close the sale of several Caterpillar graders. After signing the contracts, the buyer reached down and pulled a wad of 100 dollar bills out of his boot and handed it to my client. Most cash money I ever saw at one time. Since the client never came back, I suspect the transaction never got reported.