Micronotes:

EU bureaucrats loathe the idea of Privacy

2025-05-05

Civilization is the progress toward a society of privacy. The savage’s whole existence is public, ruled by the laws of his tribe. Civilization is the process of setting man free from men.
--- The Fountainhead, Ayn Rand.

The EU bureaucrats disagree, a society of privacy is the last thing the want. They want total control of people's lives. It's not enough to stupify people with outrageous taxes, if, god forbid, you have any money left, the EU bureaucrat wants to control how you spend it. Rather than protecting the inherent and inalianalbe right of private property, politicians increasingly view their citizens as their own property.

The European Union is set to impose sweeping Anti-Money Laundering (AML) rules that will ban privacy-preserving tokens and anonymous cryptocurrency accounts from 2027.
--- Cointelegraph


Monero XMR Monero (XMR):
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