I'm not a fan of the bill, but it is only restricting payments over $10 000. You can still buy dildos with cash, unless it's gem-encrusted or something like that.
Then they came for the food/clothing purchases, and I did not speak out because I had my credit/debit card.
Then they came for huge dildos, and there was no one left to speak for me.
They lowered the limit to 420eur for independent contractors and companies here in Slovenia. They wanted to lower it to 50eur, but luckily failed.
The discourse is well known, and in HN terms is like this: "why would I want PGP or SSL? Only if you want to do bad things you need that level of privacy". So "Why would anybody want to pay cash if he is doing everything within the law?"