Not when you put it that way, although I am not sure the "personal liberty" to spend cash is way up there on my list of liberties worthy of protecting with my life.
And yes, I know any number of people can come up with the old legal boogyman of the "slippery slope" which always leads to total destruction of life as we know it. "Sure, first it's thieves but then the government will want to know why you spent $1,000 on a hotel room in Australia...."
My concern runs along the lines of the black/underground economy where criminals and organized crime syndicates operate. Not my latest credit card bill.