This is a sign of desperation. Experiments starting in Cypress, Greece, India and Venezuela will eventually reach the USA, UK and Europe. The bureaucrats and central bankers will continue to focus on "regulating cash" and every other aspect of our freedom, but in the end I hope that honest money (gold, silver & Bitcoin) will regulate the irresponsible actions of governments. Since 1971, Uncle Sam and others have been running history’s largest, most destructive and (for the first time, global) fiat Ponzi scheme.
RE: India, the "War on Cash" and why we need cryptocurrencies