EU moving towards total monetary surveillance and banning all anonymous payments
EU moving towards total monetary surveillance and banning all anonymous payments
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145 comments
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Clickbait headline. The underlying article lists much more reasonable restrictions:
- Anonymous cash payments over €3,000 will be banned in commercial transactions
- Cash payments over €10,000 will even be completely banned in business transactions
- Anonymous payments in cryptocurrencies to wallets operated by providers will be prohibited
So non-commercial transations are fine, as are crypto transactions to non-custodial wallets.
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more reasonable restrictions:
None of that is reasonable.
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And these limits will be tied to inflation?
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That's all pretty damn reasonable...
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Unless you want to buy something with cash. Once they cross the line they won't stop until cash and anonymity are gone
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Yeah, that's my concern as well. However, most large cash purchases are things that are tracked anyway, like vehicles, houses, etc.
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145 comments