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EU moving towards total monetary surveillance and banning all anonymous payments (lemmy.ml)

submitted 8 months ago* (last edited 8 months ago) by makeasnek@lemmy.ml to c/privacy@lemmy.ml

153 comments fedilink hide all child comments

How to contact your MEP: https://www.europarl.europa.eu/portal/en/contact

Source: https://snort.social/nevent1qqsvcedd6dg39eh6633uqqff0p9h2zqyhu3zd6kwyyhzqj7da02x4pszyqe2wpknmwkyd0t295d5ezvtaxr00ngxjtcfuct8pfvyec3snckpwqcyqqqqqqgz2f7lp

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[–] ToxicWaste@lemm.ee 19 points 8 months ago (3 children)

I am pretty sure the lesser part of corruption is cash. Probably more stuff like exchanging a lucrative contract for political support.

They are not stupid. Afterall cash needs to be explained, a good contract gives you cash and the explanation.

[–] utopiah@lemmy.ml 6 points 8 months ago* (last edited 8 months ago) (1 children)

Can't say in terms of proportion cash vs. non-cash but one might want to watch the Qatargate recent documentary on Arte which shows that somehow a 700k EUR luggage was found in the house of a MEP. Piles of cash sound outdated yet clearly still exist nowadays.

[–] Safipok@lemmy.ml 1 points 8 months ago (1 children)

Geoblocked

[–] utopiah@lemmy.ml 2 points 8 months ago (1 children)

Video, audio and subtitles via yt-dlp at https://fabien.benetou.fr/pub/home/ytdl/

I'll leave that for few days.

[–] Safipok@lemmy.ml 1 points 8 months ago

Thanks!

[–] cupcakezealot@lemmy.blahaj.zone 6 points 8 months ago (1 children)

Cash is mostly traceable at point of contact unless you keep it in a money bin and don't spend it, though..

[–] sugar_in_your_tea@sh.itjust.works 11 points 8 months ago

Not necessarily, it's only traceable if you generate receipts on both sides. I don't know about EU law, but in the US, you only need to report cash deposits if they're over $10k, and if your deposits are always over $10k (e.g. you're a big retailer or something), another $10k here and there won't raise any eyebrows.

Cash is still king when it comes to corruption since it's easy to exchange it for favors w/o generating a receipt at all.

[–] agressivelyPassive@feddit.de 4 points 8 months ago

The 500€ bill was removed from circulation because it was used almost exclusively for corruption and illegal trade.