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What technology will disappear in the next 10 years?
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Why would it be a failure? I loved never having to carry anything but a phone in China.
Because iso/power failures, lost/broken devices, let alone the government doesn't need to know every transaction, the inability to gift a displaced person $20, or money in a birthday card.
As goverment can known your card transactions already if needed, then what transactions you want to hide?
It is not a matter to "want to hide". It is more a matter to "need to know" access to my personal information. Why government want to know where and when I buy my stuffs? And most important, who will have acces to that? US recently saw that imbecile of Elon Musk being grant access to IRS data.