🇪🇺 Chat Control has passed 😔
They can and will now legally scan any person's messages, emails and photos you send without a warrant
The way they passed this law when the majority of the European Parliament was against it will shock you:
They waited until most EP members were on holiday so only a few were present and then created an "urgent" vote for it to pass it through
There's nothing democratic about any of it and big powerful forces are behind this that can manipulate the EU for whatever they want
Democracy in Europe died a bit today 😔
NYC had a nuclear power plant 36 miles away called Indian Point.
It supplied carbon-free safe power that would mean no one would need to turn up their thermostats.
But it was closed in 2021 by the degrowth Death Cult. Now NYC relies on fossil fuels for 90% of its power 🫠
Unless @Apple's decision to terminate @craigraw's Apple Developer account is reversed by June 30, all new installs of Sparrow will fail, and development on macOS will end. If you value Sparrow, a repost would help. @AppleSupport
So much agree with this. Have long thought I'd encourage my kids to play. Communicating via "bets" is the basic tool for negotiations and you don't get to practice that many other places.
Poland's Communist Party trained him to defend Marxism for life.
He produced its most devastating critique instead.
Three volumes, more than 1,500 pages, and his central conclusion still hasn't been refuted.
His name was Leszek Kolakowski. 🧵
I remember when travellers to South Africa had to fill out forms on the plane just before arrival declaring all the valuables they had in their possession.
Several of my friends were followed home from the airport by criminals asking specifically for the valuables they had written on their declaration forms.
Those forms are thankfully no longer distributed on the plane.
The points below paint a darker picture of what could ensue if the Draft Capital Flow Management Regulations are instituted as currently written.
Socialist and communist thinking, in contrast, define measures that don’t work as solutions and measures that do work as problems. And the inevitable failure that results is met by doubling and tripling down. SA is living through this policy horror show with what is best described as depression for the past 15 years. Bad policies implemented badly. BEE, NHI, EWC, deliberate institutional destruction such as rule of law (police, judiciary, NPA…)
The South African Reserve Bank opted not to prosecute State President, Cyril Ramaphosa, who had $4m of USD cash hidden in his couch (this is not a joke), a direct contravention of exchange controls. But they want to make self custody of BTC illegal. https://t.co/bo4GznWVYU
The South African government published draft regulations that would criminalize self-custody of Bitcoin. Border agents could demand your private keys. Treasury could force you to sell your Bitcoin back to rand. All holdings must be declared within 30 days. This happened by ministerial decree without a parliamentary vote.
Murray Rothbard described the state as nothing more than a gang of thieves writ large, legitimized through the mythology of democratic consent. South Africa's National Treasury demonstrates this perfectly. They are using a 93-year-old law from 1933 to regulate technology that didn't exist until 2009, overriding court rulings that said crypto assets fall outside exchange controls. The rand has lost 90% of its value in thirty years, and now they want to trap you inside their sinking currency.
They are doing this because of what economists call the Impossible Trinity. Any government can only maintain two of three things: stable exchange rates, free capital movement, or independent monetary policy. South Africa chose capital controls plus monetary independence, sacrificing your freedom to move money. Bitcoin breaks that equation. When you can custody your own wealth outside their system, their capital controls become meaningless.
Eleven million South Africans remain unbanked. For them, self-custodied Bitcoin is their bank. The same government claiming to care about financial inclusion just moved to criminalize the only viable savings technology these people can access. Bastiat would recognize the paradox: what is seen is "investor protection," what is unseen is the destruction of the only escape route from monetary theft.
The comment window closes May 16th. They are betting you won't notice until it's too late.
In case you live underneath a rock.
If the SARB and National Treasury has their way and steamrolls the draft Capital Flow Management Regulations of 2026 to replace the Exchange Control Regulations of 1961 then anyone who holds any form of CAPITAL (gold, silver, ₿itcoin, forex, securities, intellectual property, bearer instruments, capital raising) is basically a criminal and a target for harassment by the State.
This means that the surfer kids earning sats in Mossel Bay will basically become overnight criminals under this draft regulation if we do not draw a line in the sand and say no.
We are opposed to the arbitrary deprivation of property rights, the abolition of privacy protections, and the imposition of criminal penalties without constitutional safeguards.
Reference:
https://t.co/eUBWlWRls1
https://t.co/XFDF7BY5Hx
https://t.co/ZmeZvwAQ3D
Do your part to stop this madness:
https://t.co/FbyRmrBrnT
As we navigate the Draft Capital Flow Management Regulations 2026 in South Africa, I'm going to put out a few posts to advance our collective knowledge of some of the topics that require better understanding.
CRYPTO ASSETS - WHAT EXACTLY ARE THEY?
All monetary value in our society exists in one of two forms: bearer assets or registered assets.
A BEARER ASSET is assumed to be owned by the holder of the asset, for which no transaction record is kept. An example is physical cash: it is not necessary to prove ownership of physical cash as the holder is the presumed owner. Society keeps no record of the transfer of ownership from one person to another.
REGISTERED ASSETS, on the other hand, are assets whose ownership is determined by referencing a ledger managed by a trusted institution (e.g., physical properties at the Deeds Office or digital money in a bank account). While all assets can be categorised as either bearer or registered assets, they can also be categorised as either PHYSICAL or DIGITAL assets.
Overlaying asset FORM (i.e., physical vs. digital) onto asset TYPE (i.e., bearer vs. registered) helps us understand the evolution of monetary assets in society (see below diagram with further explanation below):