This is what concerns me the most. I think most of what this article proposes is great, but knowing that absolutely everything I buy can be traced back to me makes me uncomfortable.
> Banhof, says a digital economy also raises privacy issues because of the electronic trail of transactions. He supports the idea of phasing out cash, but says other anonymous payment methods need to be introduced instead.
> "One should be able to send money and donate money to different organizations without being traced every time," he says.
Where Bitcoin does improve over the centralised system described is that you cannot arbitrarily lock someone out of Bitcoin.
But this is true of electronic systems as well. I could just as easily give you an SD card with $1,000 on it and the tracking system would fail rapidly.