Time to Pay Attention: Europe Just Eviscerated Monetary Privacy, and It’s Coming Here Next

By 2027, the European Union will have completed the most invasive overhaul of its financial system in modern history. Under Regulation (EU) 2024/1624, cash transactions above €10,000 will be illegal—no matter if it’s a private sale, a used car, or a family heirloom. 

“Persons trading in goods or providing services may accept or make a payment in cash only up to an amount of EUR 10 000 or the equivalent in national or foreign currency, whether the transaction is carried out in a single operation or in several linked operations which appear to be linked.” — Regulation (EU) 2024/1624, Article 80, paragraph 1

Simultaneously, the Markets in Crypto-Assets Regulation (MiCA) forces all crypto service providers to implement full-blown surveillance via mandatory identity verification and reporting. An anonymous Bitcoin transfer? That window is closing. And rounding out the trifecta is the European Central Bank’s digital euro, which promises privacy—just not too much of it.

This isn’t a proposal. It’s happening. And if you think it’s just about catching criminals, you haven’t been paying attention.

The justification, as always, is safety. European officials cite €700 billion in annual money laundering as the reason for the crackdown, framing the new rules as a bold stand against crime and corruption. But what they’re building isn’t a net—it’s a cage. These laws don’t distinguish between a cartel kingpin and a retiree who prefers cash. They treat every transaction like a threat, every citizen like a suspect, and every private interaction as a problem to be solved by surveillance.

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Digital Money | The Permission to Participate, No-Escape Economy | A Tool Of Behaviour Control

For generations, money was something people held in their hands — a tangible symbol of work, value, and exchange. Today, money is becoming something else entirely: a digital leash. The transformation is happening quietly, without consent, and most people will not recognize what has been built until the gate locks behind them.

A new financial order is emerging — one where central banks, not markets, determine who can participate in the economy. It is a system that promises security and stability, while constructing the most sophisticated control mechanism in human history.

This is the no-escape economy, and its architecture rests on three pillars: debt, digital money, and total surveillance.

Debt: The Original Chain


Debt used to be a tool. Today it is a cage.

Nations no longer tax their populations before spending — they borrow from private central banks. Corporations do not save capital to expand — they leverage borrowing. Families do not save for homes or cars — they finance everything on credit. Debt is no longer an exception in the economy; it is the foundation.

Once a society becomes dependent on debt, freedom becomes conditional. Governments rely on central banks to survive. Corporations rely on lenders. Individuals rely on credit. And whoever controls the debt controls the debtor.

A debtor society cannot say no. It can only comply.

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Trump Pardons Mountain Runner Michelino Sunseri, Who Was Prosecuted for Using an Unapproved Trail

“In an unbelievable twist that even Hollywood couldn’t write,” mountain runner Michelino Sunseri announced on Facebook yesterday, “I woke up this morning to find out I’ve been given a PRESIDENTIAL PARDON from Donald J. Trump.” Thus ends what Sunseri facetiously described as “the trail trial of the century”—his prosecution for taking an unauthorized route while ascending and descending Grand Teton in record time last year.

Sunseri’s case attracted attention as an example of overcriminalization—in particular, the ways that general statutes authorizing criminal penalties interact with a sprawling federal regulatory code to entrap people who break the law without realizing it. That description pretty clearly applied to Sunseri, who provided the evidence that led to his prosecution by posting a map of his 13-mile Grand Teton route on social media.

On his way down, Sunseri briefly took a quarter-mile path known as “the old climber’s trail” that had been used by six of seven previous Grand Teton record holders. As Cato Institute legal fellow Mike Fox noted in March, “tour guides who charge hefty sums frequently lead hikers up the same route,” which WyoFile described as “a historic trail so well-used that it’s become a skinny singletrack.”

The National Park Service (NPS) nevertheless considered that trail “closed,” although it notified the public of that designation only via two small and ambiguous signs that could easily have been misinterpreted. As the NPS saw it, Sunseri therefore had violated 36 CFR 21(b), which says a park superintendent “may restrict hiking or pedestrian use to a designated trail or walkway system.” It adds that “leaving a trail or walkway to shortcut between portions of the same trail or walkway, or to shortcut to an adjacent trail or walkway in violation of designated restrictions is prohibited.”

The regulation says nothing about criminal penalties, which are separately authorized by 16 USC 551. That law says violations of “rules and regulations” governing the use of public and national forests “shall be punished by a fine of not more than $500 or imprisonment for not more than six months, or both.”

By authorizing prosecution for agency-defined offenses, Congress has created a bewildering situation in which the average American cannot reasonably be expected to know when he is committing a federal crime. The Code of Federal Regulations is so vast and obscure that even experts can only guess at the number of criminal penalties it authorizes—at least 300,000, they think.

“Many of these regulatory crimes are ‘strict liability’ offenses, meaning that citizens need not have a guilty mental state to be convicted of a crime,” Trump noted in a May 9 executive order. “This status quo is absurd and unjust. It allows the executive branch to write the law, in addition to executing it.”

Trump said federal prosecutors generally should eschew criminal charges for regulatory violations based on strict liability and focus on cases where the evidence suggests the defendant knowingly broke the rules. Trump also instructed federal agencies to “explicitly describe” conduct subject to criminal punishment under new regulations and prepare lists of regulatory violations that already can be treated as crimes.

After Trump issued that order, the NPS, which initially recommended Sunseri’s prosecution, reconsidered, saying a plea deal offered by the government, which included a five-year ban from Grand Teton National Park as well as a fine, amounted to “an overcriminalization based on the gravity of the offense.” But federal prosecutors in Wyoming, where that park is located, were undeterred. They proceeded with a two-day bench trial that ended on May 21.

After U.S. Magistrate Judge Stephanie Hambrick found Sunseri guilty in September, prosecutors offered to drop the case in exchange for 60 hours of community service. The U.S. Attorney’s Office described that retreat as “an evolution of what is right,” saying the decision “was made to preserve prosecutive and judicial resources while upholding the best interests of the public and the justice system.”

Hambrick was irked, telling Ed Bushnell, one of Sunseri’s attorneys: “It’s an interesting message you send to the public. If you whine and cry hard enough, you get your way.” But she said she would not decide whether to accept the belated deal until after a hearing on November 18.

Trump’s pardon obviates the need for that hearing. And contrary to Hambrick’s take, it sends a positive message—unlike his pardons for Capitol rioters, corrupt public officials who abused their powers for personal gain, allies in his fight to overturn the results of the 2020 presidential election, or other supporters with dubious cases for clemency. Sunseri’s pardon is consistent with Trump’s avowed concern about overcriminalization, which was also reflected in his May 28 pardons for two Florida diving instructors who were convicted of federal felonies after they freed sharks they mistakenly thought had been caught illegally.

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European Commission weighs creation of intelligence arm amid global tensions

The European Commission is considering setting up a dedicated intelligence cell to strengthen security amid geopolitical difficulties, an EU spokesperson said on Tuesday, adding that the initiative is still at an early stage.

“We are in a challenging geopolitical and geoeconomic environment, and the Commission, because of this, is examining how to strengthen its security and intelligence capabilities,” the spokesperson said.

The Financial Times earlier reported that the Commission has begun setting up a new intelligence body under President Ursula von der Leyen, in an attempt to improve the use of information gathered by national spy agencies.

The unit, to be formed inside the commission’s secretariat-general, plans to hire officials from across the EU’s intelligence community and collate intelligence for joint purposes, the newspaper reported, citing four people briefed on the plans.

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Texas Officials Post Hemp Law ‘Checklist’ List To Help Businesses Comply With State Cannabis Rules

Even as Congress is taking steps to reinstitute a federal ban on hemp products containing THC, Texas officials are distributing a new hemp law “checklist” list to help businesses comply with recently enacted state cannabis rules—including age-gating to prevent the sale of intoxicating cannabinoid products to youth.

In addition to holding a license or registration with the Texas Department of State Health Services (DSHS), hemp businesses must follow a series of new regulatory policies if they sell or deliver consumable hemp products (CHPs), the flyer says.

For each sale or delivery, employees of licensed hemp businesses must inspect a customer’s ID to determine if they’re at least 21 years old and the identification is not expired.

“Failure to comply with these requirements is a violation of state law and regulations,” the notice says, adding that consumable hemp products include CBD and THC oils, gummies and infused food or drink edibles.

“A CHP is a product processed or manufactured for consumption that contains hemp, including food, a drug, a device and a cosmetic,” the department said. “It does not include any consumable hemp product containing a hemp seed, or hemp seed-derived ingredient used in a manner generally recognized as safe by the U.S. Food and Drug Administration.”

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UK Crime Agency Backs “Upload Prevention” Plan to Scan Encrypted Messages

Britain’s Internet Watch Foundation (IWF) has decided that privacy needs a chaperone.

The group has launched a campaign urging tech companies to install client-side scanning in encrypted apps, a proposal that would make every private message pass through a local checkpoint before being sent.

The IWF calls it an “upload prevention” system. Critics might call it the end of private communication disguised as a safety feature.

Under the plan, every file or image shared on a messaging app would be checked for sexual abuse material (CSAM).

The database would be maintained by what the IWF describes as a “trusted body.” If a match is found, the upload is blocked before encryption can hide it. The pitch is that nothing leaves the device unless it’s cleared, but that is like claiming a home search is fine as long as the police do not take anything.

As has been shown in Germany, this technology would not only catch criminals. Hashing errors and false positives happen, which means lawful material could be stopped before it ever leaves a phone.

And once the scanning infrastructure is built, there is nothing stopping it from being redirected toward new categories of “harmful” or “illegal” content. The precedent would be set: your phone would no longer be a private space.

Although the IWF is running this show, it has plenty of political muscle cheering it on.

Safeguarding Minister Jess Phillips praised the IWF campaign, saying: “It is clear that the British public want greater protections for children online and we are working with technology companies so more can be done to keep children safer. The design choices of platforms cannot be an excuse for failing to respond to the most horrific crimes…If companies don’t comply with the Online Safety Act they will face enforcement from the regulator. Through our action we now have an opportunity to make the online world safer for children, and I urge all technology companies to invest in safeguards so that children’s safety comes first.”

That endorsement matters. It signals that the government is ready to use the already-controversial Online Safety Act to pressure companies into surveillance compliance.

Ofcom, armed with new regulatory powers under that Act, can make “voluntary” ideas mandatory with little more than a memo.

The UK’s approach to online regulation is becoming increasingly invasive. The government recently tried to compel Apple to install a back door into its encrypted iCloud backups under the Investigatory Powers Act. Apple refused and instead pulled its most secure backup option from British users, leaving the country with weaker privacy than nearly anywhere else in the developed world.

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FBI Seeks To Unmask Anonymous Web Archiving Service Owner

The subpoena, dated last Tuesday and posted publicly on Archive.today’s X account, states it relates to a federal criminal investigation being conducted by the FBI, as The Verge reported. However, the document provides no specific details about what alleged crime is under investigation.

The FBI is requesting comprehensive identifying information from Tucows, including customer or subscriber name, address of service, and billing address associated with Archive.today, per The Verge report.

Beyond basic contact details, the subpoena demands an extensive array of data such as telephone connection records, including incoming and outgoing calls and SMS or MMS records, payment information like credit card or bank account numbers, internet connectivity session times and durations, device identifiers, IP addresses, and details about services used such as email, cloud computing, and gaming services.

The subpoena instructs Tucows not to disclose its existence indefinitely, as any such disclosure could interfere with an ongoing investigation and enforcement of the law, as recounted by Gizmodo. 

That request became moot when Archive.today publicly posted the document. Journalist Max Blumenthal, editor of The Grayzone, drew attention to the subpoena on X, emphasizing that Archive.today is used by journalists and researchers to “document edits to articles, bypass subscription walls and avoid giving traffic to the failing corporate media.”

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Hollywood Producer Buys Israeli NSO Spyware Maker, Hires David Friedman to Sell Hacking Tools to U.S.

Hollywood producer Robert Simonds has purchased the Israeli spyware maker NSO Group to bring it under “American” control and hired Trump’s former Ambassador to Israel, David Friedman, to lobby the president to remove sanctions on the firm so they can sell their hacking tools to US law enforcement.

Though the company was sold to a consortium of alleged “Americans” led by Simonds, the NSO Group “said Sunday that it would continue to operate from Israel under the full regulatory authority of the Defense Ministry, as it expands its global footprint and seeks to resume operations in the US,” the Times of Israel reports.

From The Wall Street Journal, “Israeli Spyware Maker NSO Gets New Owners, Leadership and Seeks to Mend Reputation”:

TEL AVIV—NSO Group, the Israeli company behind Pegasus spyware, says a group of investors led by Hollywood producer Robert Simonds has acquired a controlling stake in the firm, which has named a former Trump official to lead an effort to restore its battered reputation.

The company, which has faced lawsuits and U.S. government sanctions since revelations that its technology was used to spy on political dissidents, human-rights advocates, journalists and American officials, declined to disclose the purchase price.

NSO’s new executive chairman, David Friedman, a former U.S. ambassador to Israel and onetime bankruptcy lawyer for President Trump, said he wants to use his ties to the Trump administration to help rebuild the company’s spyware business in the U.S.

“If the administration, as I expect they’ll be, is receptive to considering any opportunity that might keep Americans safer, it will consider us,” said Friedman, who splits his time between Florida and Israel.

This is naked influence peddling.

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Rise and Fall of the Neuralink Society

At the beginning of September, I settled for a couple of weeks in the Himalayas in northern India. I was there to give a few contributions at a conference on local economies. “Where exactly in the desert sand of this life is the line drawn that separates fiction from non-fiction?” — that thought occupies me as the Airbus 320 prepares to land at the airport of Leh. I’m not quite sure why I begin this text with that thought. What I actually want to write about is the human urge for order — and its connection to totalitarianism.

The plane weaves its way between mountain peaks that disappear into the clouds on either side. The ochre-grey rock of the Himalayan giants sometimes seems to come alarmingly close to the dipping and swaying tips of the wings. It feels more like stunt flying than commercial aviation. Just before the plane drops onto one of the highest public airstrips in the world, we’re informed that, should we feel the need to vomit from lack of oxygen right after landing, we can make use of the plastic bag in the seat pocket in front of us.

Leh airport stands at 3,500 meters, in what can best be compared to a majestic lunar landscape — a cold desert above the tree line. The building itself is nothing but a series of barracks, where tourists gasp for air in the thin atmosphere and hope they won’t fall prey to altitude sickness. A rickety conveyor belt bravely rattles its loads of suitcases inside. I drag off my large green suitcase, skip the long queue in front of the three sparse toilet doors, step out onto the asphalt square at the main exit, and after some searching, find a taxi to take me to the Slow Garden Guesthouse.

The first images of the Himalayas pass like a film across a taxi’s window smeared with grease marks and dust, accompanied by a soundtrack of incessant honking. The view shudders to the rhythm of a road full of potholes, flanked on either side by unfinished sidewalks, heaps of stones, and leftover construction debris.Behind them rises a strip of houses and shops built from grey-brown cement blocks. Their fronts are often completely open, with segmented gates that are pulled down at night. Why all this honking from the taxi driver? I observe his weathered face beside me. There is no sign of irritation or frustration.


We approach the center of the city. A mass of pedestrians moves through the streets like a sluggish bloodstream — along the sidewalks and right through the middle of the road. Cows, donkeys, and dogs trudge resignedly along in this procession of everyday life. The crowd moves organically, parting for the honking taxi like a murky Red Sea before an ordinary Moses.

What do the animals eat in this desert of cement and asphalt? Cardboard and plastic, I am told time and again. A single blade of grass is a feast. After a few days in Leh, I begin to recognize certain animals as I wander the streets — the leather-colored dog with the black muzzle, the cow with a white patch on her chest that lies down each noon beside a car at a construction site, the five donkeys that seek out a terrace where they can huddle together for the night. I greet them and sometimes try to touch them with my fingertips. Together we wander, lost in thought, along this path of life — unknowing, moving toward a destination we dream of but cannot conceive.

They tell me that the cows are fed a little in winter, because they give milk. The bulls, dogs, and donkeys must fend for themselves. They often die in the winter ice, somewhere beneath a canopy or against a garden wall, while the mountain peaks that rise above the city stand as silent and unyielding witnesses to the end of their inglorious existence.

During the past four days, it has rained as much as it usually does in several years. The mud bricks used for building here cannot withstand it. Left and right, walls have partially collapsed; roads are impassable because of fallen bridges. Here and there I see gaping holes in walls, some roughly covered with tarpaulin. I look inside living rooms with tottering furniture — grayish burrows from which eyes peer out above incomplete rows of teeth.

“Are you happy here?” I ask the taxi driver. “Of course, Sir!” he replies. I glance at him hesitantly. His face radiates. Their shuffling gait and their chatter as they stand before their stalls or lay bricks with mud — the Ladakhis have nothing compared to me. But they have far more time — time to do nothing. Time to Be. “Through everything you possess, you are possessed,” Nietzsche once said.

Helena Norberg-Hodge, the economist who invited me to her conference in the Himalayas, tells me a few hours later about the time when she first arrived here, fifty years ago. There were no paved roads, no electricity, no running water. In the meantime, the people of Leh have been rescued from their pitiable condition. Now there are basic utilities, and owning a mobile phone is more the rule than the exception. The number of suicides has risen, over that half-century of modernization, from one every twenty-five years to one per month.

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Los Angeles officials aren’t waiving building permit fees for Palisades fire victims

Isn’t it a principle of emotional intelligence for those who have it to delay a small gratification in order to get a bigger one?

They don’t have any of that in Los Angeles’s blue city government, where residents who were burned out in this year’s massive fires are apparently being told ‘no’ they don’t get their rebuilding permit fees waived. The rebuilding permits, few of which have been issued, can run about $20,000 per burned-out home, according to CBS News.

According to Palisades News:

In a letter sent this week to Mayor Karen Bass and the City Council, the [Pacific Palisades Community Council] asked city officials to approve the Budget and Finance Committee’s recommendation to waive fees and to expand the policy to include condominiums, townhomes, mobile homes, and small, owner-occupied apartment buildings.

The letter argues that most fire survivors are underinsured and face major financial gaps as they try to rebuild. The group said waiving permit fees would make an immediate difference for families still paying property taxes and mortgages on damaged lots while renting elsewhere.

The council also disputed city budget projections suggesting that a fee waiver would cost $250 million in lost revenue, calling those assumptions “completely unrealistic.” The letter said many homeowners will be forced to sell their properties at a loss, and that the city will actually profit from increased property taxes and development fees tied to new construction.

Best they could do was a ‘deferral‘ passed by the county supervisors back in June, assuming that was enacted. In other words, they may be willing to delay the fees, but they still intend to get paid. They saw the consultant report about the $250 million to be made and they want that money.

It’s flaming greed, because they wouldn’t be getting that money at all had the fires not happened. Now they want their $250 million, money for nothin’ given that it’s the residents who have to shell out to rebuild after the permits are issued (few of which have been, very few) which is exactly what they like.

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