Umm, Canada has branded all those providing funding as terrorist supporters. They have announced that Financial institutions can freeze accounts without court order. You don’t think they will just kick doors in and ask where money transferred from bank accounts into bitcoin went?
Umm, Canada has branded all those providing funding as terrorist supporters. They have announced that Financial institutions can freeze accounts without court order. You don’t think they will just kick doors in and ask where money transferred from bank accounts into bitcoin went?
While that aligns with my ideas, it won’t show anybody anything. Who is going to report it? The only people who will see it are those of us who already know.
Ha! But now that Canada has branded the truckers and those that support them as terrorists, do you not think that would open up a lot of avenues to go after bitcoin as a preferred funding route for terrorists? What are the treaty obligations for nations friendly to Canada to aid in shutting down terrorists on the behalf of Canada? Probably just the excuse many countries were looking for to…actually, let’s not be naive. Intelligence agencies the world over are deep into bitcoin already. They know who is doing what.
No they don’t. How does one convert money to bitcoin and back again to cash? All, and I mean ALL electronic financial activity is tracked and recorded. They MAY not be able to track what you do within the bitcoin realm but they know how much you put in and when and how much you take out and when. And, all they have to do is restrict your access to it. Which, with what I have had to live with for these past several years, is a hell of a lot easier than you realize.
Apart from sending cash in the mail, I can no longer receive money from my parents in the US. I THINK I can still send money through PayPal to my parents, but can not receive via this route. International Postal Money Orders, which I used form well over 20 years are no more. At least between the US and Japan, well actuall between anywhere and Japan. You obviously do not know what had been required to send and receive even small amounts of money tom and from Japan in the years leading up Tom the abolition of these services. I suspect that big time investors have routes to do so as do registered businesses, but for individuals, i have witnessed everything dry up but only after increasingly intrusive monitoring.
According to the FATCA letter I go several years ago, every single transaction I make in Japan is reported to the US Treasury Department. Nit just through my bank account, all financial institutions including my credit cards and insurance companies. Everything. Much of what I used to do with cash has in recent years required a lot of documentation that was shared with the US and required authorization to do even for small amounts.
Once FATCA was forced upon the world, other countries instituted their own FATCA like requirements. The OECD has set up their own FATCA like system which they call the Common Reporting Standards which will automatically share all your financial information with all member countries as soon as you cross borders financially, either by physically crossings a border and accessing your accounts or using electronic money to make purchases or buy shopping online from a seller abroad while in the comfort of your own home. I learned from colleagues about the goals of FinTech. There were very alarmed at what they were working on but it was the job so they had to do it.
In short, much of what you believe governments would have to do to achieve these goals has either already been done years ago or the ground work has already been laid to do when they are ready to do so.
Umm, Canada has branded all those providing funding as terrorist supporters. They have announced that Financial institutions can freeze accounts without court order. You don’t think they will just kick doors in and ask where money transferred from bank accounts into bitcoin went?
Make 'em. Show everybody the gloves are off.
While that aligns with my ideas, it won’t show anybody anything. Who is going to report it? The only people who will see it are those of us who already know.
Everybody with a cell phone. This is exactly the way that public opinion got swayed during the sit-ins.
The people ratting you out for not wearing a mask have cell phones. You can provide the water but can not compel anyone to drink it.
Clearly.
Ha! But now that Canada has branded the truckers and those that support them as terrorists, do you not think that would open up a lot of avenues to go after bitcoin as a preferred funding route for terrorists? What are the treaty obligations for nations friendly to Canada to aid in shutting down terrorists on the behalf of Canada? Probably just the excuse many countries were looking for to…actually, let’s not be naive. Intelligence agencies the world over are deep into bitcoin already. They know who is doing what.
They would have to start forcibly shutting down all the miners on the network. Good luck with that.
No they don’t. How does one convert money to bitcoin and back again to cash? All, and I mean ALL electronic financial activity is tracked and recorded. They MAY not be able to track what you do within the bitcoin realm but they know how much you put in and when and how much you take out and when. And, all they have to do is restrict your access to it. Which, with what I have had to live with for these past several years, is a hell of a lot easier than you realize.
Apart from sending cash in the mail, I can no longer receive money from my parents in the US. I THINK I can still send money through PayPal to my parents, but can not receive via this route. International Postal Money Orders, which I used form well over 20 years are no more. At least between the US and Japan, well actuall between anywhere and Japan. You obviously do not know what had been required to send and receive even small amounts of money tom and from Japan in the years leading up Tom the abolition of these services. I suspect that big time investors have routes to do so as do registered businesses, but for individuals, i have witnessed everything dry up but only after increasingly intrusive monitoring.
According to the FATCA letter I go several years ago, every single transaction I make in Japan is reported to the US Treasury Department. Nit just through my bank account, all financial institutions including my credit cards and insurance companies. Everything. Much of what I used to do with cash has in recent years required a lot of documentation that was shared with the US and required authorization to do even for small amounts.
Once FATCA was forced upon the world, other countries instituted their own FATCA like requirements. The OECD has set up their own FATCA like system which they call the Common Reporting Standards which will automatically share all your financial information with all member countries as soon as you cross borders financially, either by physically crossings a border and accessing your accounts or using electronic money to make purchases or buy shopping online from a seller abroad while in the comfort of your own home. I learned from colleagues about the goals of FinTech. There were very alarmed at what they were working on but it was the job so they had to do it.
In short, much of what you believe governments would have to do to achieve these goals has either already been done years ago or the ground work has already been laid to do when they are ready to do so.
Exactly right.