- French residents will be prohibited from making cash payments of more than 1,000 euros, down from the current limit of 3,000 euros.
- Limits on foreign tourists on currency payments will be dropped to 10,000 euros down from the current limit of 15,000 euros.
- A French resident who converts euros into other currencies will have to show an identity card for anything over 1,000 euros.
- ANY cash deposit or withdrawal of more than 10,000 euros during a single month will be reported to the French anti-fraud and money laundering agency Tracfin.
- French authorities will have to be notified of any freight transfers within the EU exceeding 10,000 euros, including checks, pre-paid cards, or gold.
Ok, so it sucks to be French starting in September, right? Here’s the rub. Do you really think this will be an isolated set of capital controls and cash bans just for France? Do you really think this is not a beta-test for similar future freedom sanctions by the U.S., Great Britain, China, Russia, etc.? Do you really not think that one bad apple won’t spoil this bunch? Do you not see the world’s governments watching this take place and then modeling themselves after this tyrannical economic move? Why wouldn’t they? Aren’t moves like this just another step in the same direction we’re all headed? Is anyone really trying to move the masses in another direction?
Because I was not a Socialist.
Then they came for the Trade Unionists, and I did not speak out—
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out—
Because I was not a Jew.
Then they came for me—and there was no one left to speak for me.
– Martin Niemöller, regarding Hitler’s tyrannical ascent leading up to WWII
Also read: IBM and Federal Reserve Want to Create a Bitcoin Knock-Off
This is how it starts. The Federal Income Tax in the U.S., started just after the creation of the Federal Reserve, was supposed to be just for the wealthy of the time. Now, Federal taxation comes for us all. Your freedom to exchange goods for cash is slowly being stolen from you. So slowly, you may not even notice it. Your government certainly wouldn’t put it up for a vote or referendum, because they know it is morally and ethically wrong, and the will of the people is against it. The same goes for war, taxation, regulations, and other deeds of The State. If your government doesn’t hide behind “terrorism”, they hide behind legislation without accountability.
If you are an American, I won’t bore you with the knowledge that you are many times more likely to be killed by a policeman than by a terrorist. Or the fact that your TSAs at the airport have captured no terrorists in over a decade. Haven’t even bothered to create a “false flag” to bolster their efforts that make travel a study in civil rights violations.
Do you really need cash? Not really, since 85-95%+ of all transactions in modern society are handled in some form of digitized payment of fiat currency. That’s not really the point though, is it? If you are unfortunate enough to be saddled with a debt-based national currency, should you at least get to use it freely? You are paying for all of it’s economic sins of The State. What do you get back? Sanctions? ID requirements? SARs (Suspicious Activity Reports, made by banks when cash transactions exceed their ever-lower limits for common customers). This is a slippery slope to the outlawing of cash transactions. But why?
You just need a hook to get cash out of the way. What excuse could they use? I wonder…..
Or you could use Bitcoin, which is basically digital cash that does not work through government or the banksters. It is traceable, but that can be modified, if necessary, as we go along, with a script, app, or altcoin.
Imagine if cash is taken from you, and you were outside of the Bitcoin ecosystem. Would you look much closer at Bitcoin’s benefits? Maybe take the option of digital currency a little more seriously? Do you think the 2-3 million users could quickly become 30-40-50 million under such unforeseen circumstances? Or would everyone blindly hand over all finances and transactions to the banksters and The State regulators, who have been such fine economic stewards for us?
It is looking more and more like Bitcoin, and the advent of the digital currency, couldn’t be at a better place at a perfect time. As states, and the central banks that run, them become more brazen in their economic oppression and deceptions, innovation, freedom, and privacy live on in new and exciting forms that can bring together more people than ever before.
The world is changing, shifting, beneath your feet, like quicksand. And two sides are offering you a way out. The banks and states, with a pair of economic handcuffs and tracking devices up the wazoo on one side. And the unknown entity of Bitcoin’s future of technology for The People on the other side. Both sides have a plan for you. One side will forever hold your keys to economic freedom because you can’t be trusted to. And one gives you the keys, and all the economic power and responsibility that comes with it.
After over 100 years of central banking manipulating the world’s economic future, have you had enough? Have they got you right where they want you? Or are you ready for a new, encrypted, innovative, yet mostly unproven way forward? Everyone will have to make a choice, and that right soon.
Think about it.
Images from Shutterstock.
Last modified: August 6, 2020 7:01 PM UTC