The Dutch government is proposing a huge infringement on the privacy of Dutch citizens. The government wants to monitor all financial transactions over 100 Euros.
And it’s being pushed under the tired old canard of stopping money laundering.
Mark Steyn interviews Eva Vlaardingerbroek
In reality, the Dutch Central Bank wants to impose a Central Bank Digital Currency.
Sigrid Kaag, who also happens to be a member of the World Economic Forum, is leading the push for a Central Bank Digital Currency and wants to introduce a law that requires banks to record all payments in excess of 100 euros.
http://bigtechtopia.com/2022/10/dutch-finance-minister-wants-to-monitor-all-payments-above-100-euros/
Dutch finance minister Sigrid Kaag wants to require banks to monitor all payments of above 100 euros, as she presses forward on her aim to introduce a Central Bank Digital Currency (CBDC) in the Netherlands.
Robert Wenzel warned,
1. Central banks will have to kill off private sector cryptocurrencies.
There is just no way that CBs are going to allow private crypto that can provide an end-run around CBDC.
2. And this is not fully appreciated at all. Once a CBDC is established and becomes the method of general exchange, it will be very easy for governments to block any kinds of exchanges it desires to block. In other words, it provides the opportunity for cancel culture and authoritarianism at an entirely new level.