The only excuse is drug dealing. But drug dealers don’t sell to street buyers accepting high notes, they sell in 5’s, 10’s, 20’s and even 1’s. Large transactions are used between king pins and most of the money are low value notes. Most laundered money are low value notes. I don’t understand banning 50’s and 100’s either since they’re hardly used in crime. Seems stupid. It honestly seems like elites just want to pull the ladder from below because they’re already set for a digital only CBDC system and they’ll get their illegal drugs with cryptos. I feel crypto wallets and ease of transfer between dealer and buyer will be what they’re aiming for and it was never about paper money. They want crime and illegal drug dealing.