I think this is absolutely baseless.
Cash is just as untraceable as a cryptographically encoded message.
Actually, truly powerful new technology, despite all the rampant and paranoid fears of the populace, has always inherently favored virtue and order in the long run. While I also find the anarchic talk on the list someone disconcerting and misguided, I find it ridiculous to claim that cryptography is a technology that is inherently conducive to anarchy or the deterioration of social order. Otherwise, the cypherpunks take over the true vision. This will all happen on some levels. But only the silly, pale bureacrats in the NSA attribute the Collapse of the World and the Plague of the BoogieMen to the advent and proliferation of strong cryptography.