Today this post caught my attention.
I must say, once again - what did you expect ?
The demographics of this sub and the broader crypto scene in general has changed dramatically over the last few years, and especially since last year. This has brought many challenges.
One of the central challenges, in my opinion, is the lack of education of what appears to amount to most of the newcomers when it comes to matters of privacy, individual liberty and freedom.
Cryptocurrency (the real deals, not the latest shiny tokens that will buy you two lambos) is fundamentally about taking back the power from the banksters and all their friends in government and corporations.
It's about reclaiming financial privacy, financial freedom. It's about doing away with middlemen.
These obvious facts appear to be lost with many present in the scene nowdays.
If your chief interests in being here have to do with massive gains and cashing in said gains to fiat, not caring about being KYC'd every step of the way, and having no privacy at all in the whole process doesn't bother you at all, then this post isn't for you.
I don't like you(r attitude) very much, I think you're intellectually shallow and you're unable to think about these issues very deeply (or deeply at all, really), but anyway - you probably don't like this kind of post either, so that's that. Hope you get your lambo someday.
For everyone else with a broader view on the impact that such ramifications have on the freedom of the individual, read on.
This alleged move by France does not surprise me at all.
As I touched on my previous rant, serious work has been put into place by controlling, aging bureaucrats all over the Western world to inflict onerous regulation on financial institutions over the last decade, which has resulted in a steady, predictable erosion of financial privacy since.
Now, realize the following.
Several years ago, the establishment was visibly scared about Bitcoin - more and more people were using it, more shops were accepting it, darknet markets were being birthed like mushrooms after a rainy day, and people all over the world were stashing their on Bitcoin, transacting with whomever they pleased, without having to ask for permission.
The dream was alive. Or so it seemed.
You see, Bitcoin is not private or anonymous at all.
In fact, it's quite the opposite.
This gradual realization by the powers that be transmuted their fear into ecstasy, and soon all we heard about were government-sponsored blockchain research groups, conferences, and what not.
If you're paying attention, the reason is very simple - it finally dawned on them that far from being a threat to the status quo, this stuff is actually the most perfect and expansive financial surveillance system ever built.
For years, through legislation such as FATCA and CRS, the bureaucrats have been working hard to erode the financial privacy of the individual, to know exactly who to suck to the marrow with deadly accuracy.
The very rich, of course, have long ago found workarounds to the reporting requirements of FATCA and CRS. You too could avoid it, if you really wanted to and are willing to make some lifestyle choices, but that's beyond the scope of this post.
My point here is that what this legislation accomplishes is destroying the financial privacy of millions of people, while the rich get to trivially keep theirs.
And this is the important thing to realize: At least for the foreseeable future, unless we collectively push back, that's what's in store for us.
We have intelligence agency officers and top state bureaucrats stating that unbreakable encryption is a problem, as if they somehow had the right to access every computer, every program state, every document draft - in a way, every thought - before the individual has decided to publish it for wider consideration - assuming that s/he does.
We are living through a dark time for freedom and privacy, and let me tell you, freedom and liberty are not exactly winning.
If YOU care about not being under constant surveillance, YOU have to do something about it.
The government isn't going to give you more privacy and preserve your rights and dignity, if you have not noticed yet.
Again, think very very hard about the world you want to live in.
If you choose to accept a world of 24/7 mass-surveillance, and if most people do the same, then you can be sure that this is exactly what we will get.
The game is on, and evil has made some appalling gains in the last 18 years. Under the guise of protecting you - by stripping you of your rights, unironically.
Don't get jaded.
Don't give up.
We need you. If you want to live in a freer world, you owe it to yourself, and you owe it to the rest of us - you must educate yourself, find likeminded people, challenge those who would make thoughtcriminals of those of us who believe in freedom and individual liberty.
Their ideas cannot go unchallenged - the consequences will be dire.
France's move here is a tacit admission that Bitcoin is the perfect surveillance tool, that financial privacy is to be denied to the common pleb, and that the power of the state trumps the rights of the individual.
France might have made the first move when it comes to banning privacy-preserving cryptocurrency knowledge (to the best of my knowledge this is true), but they won't be the last - through globalist groups such as the IMF, the UN, the CFR and the Bilderberg group, there is little doubt that "developed countries" will attempt to coordinate policy in the near future on this matter.
That move is entirely predictable, because privacy-preserving cryptocurrency such as Monero, like cash, impinges on their goal of total information awareness and currency manipulation.
For thousands of years our ancestors have exchanged value without the overbearing eye of the state monitoring every single transaction.
For thousands of years our ancestors have debated ideas without constantly being recorded and spied on by the state.
Whenever such conditions developed - Germany during & post WW2 for instance - there is a consensus: it is not a happy place.
If you can see the writing on the wall, we are very steadily marching to such a society.
But there is still time.
We need you. Speak up.submitted by /u/xmr_karnal