This may explain the rise of crypto-currencies Chicken whisperer wearing glasses shirt, which are quite wasteful and expensive in terms of energy consumption per value provided but nonetheless have a distinct value for transactions that people would like to remain private or their identities hidden. The implication for the future of money is likely going to come down to whether states or vast state-like political organizations remain interested in tracking heretofore private individual behavior and modifying that behavior.
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Or whether private spaces can be created for which state and community interests are excluded in economic matters Chicken whisperer wearing glasses shirt. Under previous governance systems, the state was only concerned with direct challenges to its authority, and violations of laws applying to individual behavior were commonplace and usually ignored. Under the rights-based systems we have in modern society today, however, laws are expected to apply to everyone because power is now understood to be explicitly sourced in all of us.
The consensually governed, instead of an exogenous theological authority, such as the Church in the medieval age. This means, unlike before, privacy and anonymity are seen in much more in direct conflict with the welfare of our neighbors and the power of the state, making transaction tracking ever more important for policing individual wrongdoing and coercing behavioral changes. If you can have transactions without money, it might make money as we know it irrelevant as a medium of exchange, storage of wealth, and valuation tool. And if we adapt to not needing privacy and anonymity, we won’t need money or currency at all anymore.