How many companies use cash as a primary means of payment?
> How do the banks know how i spent my cash?
That info would be inferred from the data the phone, social media, and other surveillance companies offer. They'd know to keep an eye on you because you transact too much using cash.
Every part of the chain currently pay fees unless they are paying with cash.
> Not to mention the ability to digitally print money has caused tremendous inflation and that's about to get much worse.
Governments can print money physically as well. Also, most money in circulation never needs to be printed because it never leaves the banking system.
> So proving the point literally 100%?
Do you think banks would resist to giving the government your transaction history?