If you deposit your money at a bank, or PayPal, or some online digital bank transfer service,** you do not have your money anymore.** They have your money.

Now you have some kind of contract that says they'll give you your money on demand. But sometimes they won't give it to you when you want it. If any judge or cop wants to see every person or business I've ever transacted with the bank will happily give it over.

On the other hand, cash is cash. If I possess it, then I have it. And nobody gets to know how much, or how suspicious, or with whom I'm transacting.

Sad to see all the Monero fans and no GNU Taler fans here

Spot on. The wild part is that people will still justify it and even hope for it. The replies here are evidence of that. You can't fix stupid, sadly.

All a cashless society means to me is a booming black market