Going digital and going cashless

Zero Hedge: Removing cash removes the effective lower bound and then, central banks can centrally plan the entire economy unless and until people simply revert to a barter system. 

A hint of the usual mis-conception.   There is a struggle for control of the new money technology.  Let's simplify:

Cash means one thing, the central planner is locked out. Take that as the definition, and matters become clear.  As Timmy is trying to prove, we can digitally lock the central planner out.  Digitally, we can do Ink and Paper better than any printing press, and lock the central planner out. We promise the central planner neutral; technology, we just make cash very efficient.  It works just like ink and paper, the central planner is locked out.