A solution to the black markets, drugs and mafia…
The simple solution is to digitalise all money with a clever twist, instead of each credit just being that, give each credit an identity and a location! So when money gets exchanged the digital identity of the card holder is compared and given with the credits which each also have their own identity. This way you will a, not be able to exchange cash to buy drugs or stolen goods, or to buy black market products, and b, you will not be able to use bartering techniques as a replacement for cash.
Every purchase you make will go on computers and the exchange would be recorded, so anything dodgy will not go unnoticed, if e.g the police wish to investigate say a sweat shop, or drugs dealer, they will know where his money has gone to and how much was spent. A simple bit of software could detect abnormal purchases e.g. if the manager of a sweat shop paid his workers by giving them food and accommodation, he would be paying for many properties with no tenants [legal ones] and many more times the amount of food a family would normally eat.
Discuss.
& btw Think of all the products which could be made like e.g. an anti pick pocket device where your digital wallet alerts you when it is more than say a meter away from your body [with a locator on you belt or whathaveyou. Not that they would get very far because as soon as they spend any credit’s the game will be up, but lets presume such people would have stolen ID‘s.





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