This mandate is a futile attempt to impose traditional surveillance on a decentralized system, proving that the state still fears financial sovereignty. It marks a significant escalation in the ongoing conflict between individual privacy and government overreach.
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⚠️ France 🇫🇷 Just Mandated You DISCLOSE All Self-Custody Bitcoin Over €5,000Added:
Speaking of Western countries, I mentioned France in the introduction of today's video. They made an interesting update. So, let's break it down. So, we can see France's new law is now mandating that any Bitcoin you hold in self-custody must be disclosed to the government. So, anything over 5,000 euros held in self-custody affecting wallets like MetaMask, Phantom, Ledger. This is any self-custody wallet. You now have to report that to the government. This is insane. You can see the French National Assembly is passing that bill.
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