Reminder: Reject The Financial Action Task Force

Look astatine this banal representation looking parent fucker and past look yourself successful the reflector and effort to person yourself that you honestly judge that helium is the eventual fiscal transgression stopper. The lord and savior of those subjected to the ills of wealth laundering.

Done laughing yet?

This is Marcus Pleyer, the President of the Financial Action Task unit - an unelected bureaucratic entity created successful 1989 and tasked with curbing fiscal transgression for the countries who assertion to beryllium successful the G7. He is the expected antheral with the program to forestall fiscal criminals from harming you. At least, that's what FATF claims is their intent and the raison d'etre that our bald headed person Marcus has a job.

In reality, the FATF serves a overmuch much nefarious purpose. They portend to beryllium to urge "guidelines" to the G7 governments successful accordance with what they deem to beryllium the astir indispensable steps countries tin instrumentality to mitigate the chances of their citizens being subjected to fiscal crimes. However, successful practice, they beryllium to marque beingness arsenic hard arsenic imaginable for immoderate enactment that wishes to supply fiscal services oregon utilities to individuals who unrecorded wrong G7 countries and associated corrupt governments. Their occupation is to guarantee that the incumbent powerfulness players don't look immoderate superior contention portion making beingness harder and harder and harder for an idiosyncratic to run wrong the system portion preserving their privateness and dignity. They are the Eye of Sauron successful the existent satellite arsenic we cognize it today.

This greeting I was asked by a writer to supply a speedy remark connected the "crypto industry's efforts to comply with the FATF's question rule". A regularisation which requires fiscal institutions to cod and stock intimate idiosyncratic identifying accusation connected immoderate enactment progressive connected either broadside of a transaction being facilitated by a trusted fiscal institution, which "crypto" providers are opening to beryllium included in.

For today's rag, I thought I'd stock my response:

"The FATF is simply a supranational bureaucratic regulatory assemblage that nary 1 voted for and nary 1 asked for, but for immoderate crushed they person an inordinate magnitude of power connected fiscal regularisation crossed the world. Historically, governments person taken FATF's Orwellian regulatory guidelines and implemented them with small propulsion back. Slowly but surely decreasing the privateness of their constituents with stricter and stricter KYC/AML regulations that person proven to beryllium wholly ineffective against preventing fiscal crimes. Jeffrey Epstein was capable to support a ample relationship with Deutsche Bank and launder hundreds of thousands of dollars aft being released from situation for sexually abusing minors.

Motivated criminals are ever going to find ways to perpetrate their crimes. The burdensome information postulation requirements that FATF thrusts upon fiscal institutions globally bash thing much than enactment innocent, instrumentality abiding individuals astatine hazard of individuality theft and carnal harm arsenic much and much entities are forced to cod and store (typically insecurely) their idiosyncratic identifying information. There are hundreds of millions of radical who person been subjected to this unnecessary risk.

Since it is blatantly evident that these guidelines beryllium to beryllium ineffective astatine preventing transgression and person been since the onset of the Bank Secrecy Act, which spawned this benignant of expansive encroachment connected civilian liberties, 1 indispensable travel to the decision that the regulatory guidelines don't truly service their stated purpose, but are utilized arsenic a means of garnering much power implicit individuals and limiting freedoms successful the Digital Age.

Anyone successful the "crypto" manufacture who is eagerly attempting to comply with FATF guidelines should instrumentality a infinitesimal to employment immoderate introspection and inquire wherefore they are present successful the archetypal place. Bitcoin was created to wholly obliterate this benignant of demonic control. Those who archer themselves that they align with the ngo of Bitcoin should cull FATF guidelines and prosecute successful civilian and firm disobedience.

Enough is enough. No much bending the genu to tyranny."

Are you acceptable to disobey these ineffective and deceptive tyrants? Your Uncle Marty definite is.