They must also state the amount, the purpose, and the recipient of the withdrawal, in a clear example of the Orwellian surveillance society taking hold in Europe. Banks are required to block withdrawals if any paperwork is missing and report suspicious or frequent smaller transactions, meaning even repeated withdrawals below the threshold could invite scrutiny or penalties.
Such controls represent a dangerous expansion of Spanish state surveillance. By forcing citizens to seek permission to access their own funds, the government is effectively eroding the concept of private property and financial autonomy.
“When state authorization is required to access your money, it’s no longer your money. The EU is bankrupt and will try to seize your assets.”
“F**k this totalitarian bullshit. We need a revolution in the West.”
Unlike cash held in a bank, Bitcoin enables users to move and store value without state oversight or the risk of arbitrary restrictions, providing a way to preserve financial freedom, privacy, and cash controls in an increasingly surveilled world.
