Major banking institutions are currently usurping the constitutional power of the government to mint money. Electronic money. The people are charged usury rates to gain access to the same money that many large banks do ... the US mint.
Why doesn't the government have a national ID card that is anonymous and deeply encrypted whereby electronic cash can be stored?
Taxes would likely go down since these funds would be available to the government at the same time the governments funds would be available to the people not at usury rates but like the 1% overnight rates the banks enjoy.
The full faith and credit of the US government would back the e-cash and it should be also backed by tangible resources; Gold, Silver, Platinum, rare earth metals, energy, patents, land and other valuables.