Many governments are getting very nervous. They struggle with debt, over spending, currency emergencies and new strains on the economy like the European refugee crisis.
So they are keen to make sure that all tax revenues that can be collected will be collected. And mass surveillance gives them a tool to do so.
Also, the move towards a cash free society makes it easier for politicians and bureaucrats to keep track of you and your money.
For years, we have sent bulk data about European bank transfers to the US security bureaucracy under the pretext of fighting terrorism and organized crime (TFTP). In the EU, plans are to replace this system with a European one — aimed to register, control and analyze all of our bank transfers.
In some high-tax countries with submissive population, like Sweden, information from data retention of telecommunications is already being used for taxation purposes.
And this is not just about taxes. If your government controls all your monetary assets, it owns you. Which might come in handy if, someday, people in power would like to curb opposition, limit your civil liberties — or just make your life very difficult.
With no private economic sphere, people are totally in the hands of their whimsical governments and its functionaries.
When it comes to “regular” surveillance concerns, having access to information about your transactions will provide the authorities with a cornucopia of information about you. More so than just surveillance of your electronic and telecommunications.
The government will always be able to give some reasons for its actions. Sometimes even seemingly rational ones. Like striking down on tax evasion. But even these reasons must be weighed against your right to privacy. Just passively accepting them could be used for introducing live surveillance of everybody 24/7.
It’s your life. And it’s your money. Period. The government should just get out of everybody’s hair.
If people could get themselves together and bring about a broader use of Bitcoins, we can bypass all of this governmental economic Big Brotherism.
/ HAX