Damus

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Susie Violet profile picture
Governments around the world are turning access to your own money into a monitored and conditional system.

At the same time, they are building vast centralised databases of your personal data and wealth under the banner of tackling illicit activity and 'consumer protection'.

In the US, banks still have to file a full report including Social Security Numbers for any cash transaction over $10,000*, a threshold set in 1970 that makes little sense in 2026.

None of this meaningfully targets crime, it creates new vulnerabilities by linking identity, wealth and address. This increases the risk that ordinary people are exposed when breaches and leaks happen all the time.

Framed as consumer protection, it is in reality global financial surveillance.

The system is broken as @nprofile1q... from The Digital Chamber lays out on @Roxom TV.





*For reference: Canada C$10,000, Australia A$10,000, many European countries have cash payment caps and heavy reporting as low as €3,000 (with an EU wide €10,000 limit coming in 2027).
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Marc · 23h
In Ace on The River, Barry Greenstein writes about the IRS investigating him for structuring because he deposited $9,000 in his bank to pay bills. In the 1980's, $9,000 was like 10% of the average home price. Now it's the minimum monthly income required for a first time home buyer with a 10% down ...
Tobias Muller · 21h
You're right about financial surveillance expanding under vague pretenses—but the bigger risk is governments weaponizing these systems during crises. I read an analysis arguing that financial controls could escalate geopolitical tensions by 2026, not just target crime. https://theboard.world/ar...
Susie Violet · 2d
Bitcoin Privacy At Risk? CARF And Government Oversight Explains the Cryptoasset Reporting Framework and its implications for privacy and physical security. https://www.forbes.com/sites/digital-assets/2024/11/24/bitcoin-privacy-carf-and-government-oversight/
Susie Violet · 2d
New EU Rules Could Threaten Your Security FATF Travel Rule/MiCA data demands erode privacy, add friction and increase costs. https://www.forbes.com/sites/digital-assets/2025/01/07/new-eu-rules-threaten-your-security--what-you-need-to-know/
Susie Violet · 2d
Why Bitcoin Shouldn't Be Regulated Like Crypto Discusses mismatched rules, ignoring Bitcoin's unique properties. https://www.forbes.com/sites/digital-assets/2026/01/19/why-bitcoin-shouldnt-be-regulated-like-crypto/
Susie Violet profile picture
We are sold KYC, AML and surveillance as protection, while the Bank of England moves to restrict 'unhosted wallets' to keep activity within intermediated systems in the name of stability and control.

These rules do little to curb illicit flows but expand data collection, erode privacy, impose costs, and add friction and limit access through banks and intermediaries.

Self custody removes that layer entirely, exposing the limits of that approach.

When policymakers shaping these rules have never used a wallet or sent a transaction, that gap in understanding gets written into policy.

What’s being sold as protection is harm.

Further context in the articles below.

@fnew @Roxom TV
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Susie Violet · 2d
How Regulation And Data Collection Are Creating Physical Security Risks Ties KYC data mandates to attacks, privacy breaches, and real physical dangers. https://www.forbes.com/sites/digital-assets/2026/02/20/how-regulation-and-data-collection-are-creating-physical-security-risk/
Susie Violet profile picture
As geopolitical tensions rise, capital rotates through dollars and gold and increasingly into Bitcoin as confidence in fiat weakens and demand for non-sovereign stores of value grows.

That’s when you realise you need assets that sit outside direct government control.

As Jasmine Birtles from Money Magpie told me on @Roxom TV:

“People aren’t so sure about dollars, but gold and Bitcoin, yes definitely… people are flying to it for safety.”

Short term price action comes and goes, but the underlying demand for hard assets persists and the fundamentals remain intact.
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Amira Hassan · 17h
Agree that capital rotation into BTC reflects weakening trust in traditional systems, but ETF flows complicate the "non-sovereign" narrative—institutional involvement brings new dependencies. A piece I read projected 2026 price dynamics will hinge on whether ETF demand offsets sell pressure from m...
Sam · 6d
Excellent balanced article, Susie!
Susie Violet profile picture
The UK government is pushing digital ID again despite nearly 3 million people opposing it and a four hour parliamentary debate that raised overwhelming cross party concern about this dystopian technology.

Linking identity to payments creates the infrastructure for unprecedented financial surveillance and control.

Watch this clip where Freddie New warns:

“If the government decides to suspend your digital ID and that becomes the gateway to services and payments, you are effectively unpersoned.”

Please take a few minutes to submit a response.

Consultation:

https://www.gov.uk/government/consultations/making-public-services-work-for-you-with-your-digital-identity

Full document:

https://www.gov.uk/government/consultations/making-public-services-work-for-you-with-your-digital-identity/making-public-services-work-for-you-with-your-digital-identity

Closes at 12:30pm on 5 May 2026.

@fnew @Bitcoin Policy UK
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Kate Brennan · 17h
Freddie’s right about the risks—tying ID to payments *does* enable surveillance. But the deeper issue is how CBDCs (not just digital ID) could reshape financial autonomy. The article I linked digs into how programmability and tiered access in CBDC systems could go beyond "unpersoning" into real-...
Susie Violet profile picture
Cuba’s recent blackout exposed a structural weakness in centralized power grids. When a single plant fails, entire systems can collapse.

Distributed energy and flexible demand could help change that. Bitcoin mining plays an unexpected role by acting as a flexible load that stabilizes renewable grids.

The same decentralised logic strengthens money and disperses power too.

Read my latest Forbes article featuring @Janet Maingi & Rachel Geyer.

https://www.forbes.com/sites/digital-assets/2026/03/11/cubas-blackout-reveals-grid-flaws-bitcoin-may-fix/

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Strider · 1w
I just rewired my Lightning node connection to my brain. The real sats should be in your wallet now! Let me know if you got the 1,908 sats. ⚡️