The goal of electronic money is that ALL money and ALL transactions are reported to the government (IRS/FBI/CIA/NSA etc) with your identification.
This is only the beginning. There is no better way to track a person down to every single thing they own and every single thing they do than by tracking their money. There is no better way to control a person than to control their money, all of it.
Control and the ability to 'punish' arbitrarily are always the final goals of the Leftists. This is already happening in Canada and around the world. If you criticize the government, or anyone in the government, they can seize all your money with the push of a button. And they do. As a person in a modern society, it is impossible to live a normal life without money.