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Spain targets big spenders: New rules for high-value card payments coming in 2025

How 25 k a year makes you a big spender?
Because they say so. Period. Same thing transactions over €1,000 in cash are HUUUUUUUUUGE according to them and have thus been banned. It's never about fairness. Iit's never about transparency. Iit's never about tackling fraud. It's about totalitarian control. One step in the Overton window at a time.

Good people do not need laws to tell them to act responsibly, while bad people will find a way around the laws.” — Plato

NVO
 
Because they say so. Period. Same thing transactions over €1,000 in cash are HUUUUUUUUUGE according to them and have thus been banned. It's never about fairness. Iit's never about transparency. Iit's never about tackling fraud. It's about totalitarian control. One step in the Overton window at a time.

Good people do not need laws to tell them to act responsibly, while bad people will find a way around the laws.” — Plato

NVO
Just to add to Plato sometimes even good people need to find ways around the law for survival.
 
Considering that in Spain you are considered upper class if you earn more than €30,000 a year, and that the government always says the rich should pay more -although in the end, it's the middle class that ends up paying- no surprises. The Spanish government is the European version of Venezuela's, or Argentina's before Milei.

GVxlVoNX0AAA204
 
Because they say so. Period. Same thing transactions over €1,000 in cash are HUUUUUUUUUGE according to them and have thus been banned. It's never about fairness. Iit's never about transparency. Iit's never about tackling fraud. It's about totalitarian control. One step in the Overton window at a time.

Good people do not need laws to tell them to act responsibly, while bad people will find a way around the laws.” — Plato

NVO
We have similar laws in Italy. But people simply plan for this by slowly withdrawing more cash over years and storing it at home.
 
Considering that in Spain you are considered upper class if you earn more than €30,000 a year, and that the government always says the rich should pay more -although in the end, it's the middle class that ends up paying- no surprises. The Spanish government is the European version of Venezuela's, or Argentina's before Milei.

GVxlVoNX0AAA204
this is really appalling, straight from a communist comic book.

Youre rich but dont know it? Lol maybe in ciduad hiddenbumblefuckos im somewhat well of with 2.5k / euro (the horrendous tax aside) a month, but any bigger town it wont be that much considered to be rich.
 
this is really appalling, straight from a communist comic book.

Youre rich but dont know it? Lol maybe in ciduad hiddenbumblefuckos im somewhat well of with 2.5k / euro (the horrendous tax aside) a month, but any bigger town it wont be that much considered to be rich.
I think the communists( putin included ) are more capitalist these days than Spain and other such woke economies.
 
Was sitting at the table the other night with a neighbour.

1) Complaining its impossible to move money from his home country to this country
2) Complaining he has to carry large amounts of cash between him and his wife to move funds from his own country to this country.
3) Complaining about the volatility of a Solana ETF i advised him to buy last year instead of Solana directly, because it lost 25% in a week.
4) Couldn't see the benefit of Bitcoin and remarked what if they ban it.
5) Said he likes physical gold because he can hold it.
6) Said if the internet goes down bitcoin goes down, but his bank account is safe.

I was a tad drunk, so pointed out Governments can't ban it, they tried (China 3 x), US tried to lill it, i also remarked bitcoin runs on backup nodes operated by sats (i have one) and that its decentralised so everywhere but nowhere, meaning immune to Internet issues (on broader scale) and immune to hacking or cyber warfare on smaller scales (centralised custodians, banks, etc), I also remarked volatility is the sign of a free-market, the Stock market is not a free market, and Crypto is the last true free-market economy, with that comes volatility, volatility is your friend if you understand what drives the cycles, i also remarked his ETF was up 50% since he entered, and he'd need to detail something he put money into that was up 50% in a year, as for moving money i pointed out he could just deposit the funds into a crypto exchange buy USDC/USDT and withdraw those in the country with ease, i also remarked bitcoin unlike gold is borderless and that he'd struggle to flee a country with his gold in a time of societal decline/collapse.

The world is in a societal decline and collapse as the world order shuffles around and tensions arise, banks are debasing the currency by 8% PA rising to 12% PA, people are arbitrarily being charged for voicing their concerns (see UK) and funds are becoming restrictive in physical as well as digital fiat rails and you now live in constant surveillance.

If you (he) couldn't see the benefit, i'm not sure what will educate you (him).
 
Was sitting at the table the other night with a neighbour.

1) Complaining its impossible to move money from his home country to this country
2) Complaining he has to carry large amounts of cash between him and his wife to move funds from his own country to this country.
3) Complaining about the volatility of a Solana ETF i advised him to buy last year instead of Solana directly, because it lost 25% in a week.
4) Couldn't see the benefit of Bitcoin and remarked what if they ban it.
5) Said he likes physical gold because he can hold it.
6) Said if the internet goes down bitcoin goes down, but his bank account is safe.

I was a tad drunk, so pointed out Governments can't ban it, they tried (China 3 x), US tried to lill it, i also remarked bitcoin runs on backup nodes operated by sats (i have one) and that its decentralised so everywhere but nowhere, meaning immune to Internet issues (on broader scale) and immune to hacking or cyber warfare on smaller scales (centralised custodians, banks, etc), I also remarked volatility is the sign of a free-market, the Stock market is not a free market, and Crypto is the last true free-market economy, with that comes volatility, volatility is your friend if you understand what drives the cycles, i also remarked his ETF was up 50% since he entered, and he'd need to detail something he put money into that was up 50% in a year, as for moving money i pointed out he could just deposit the funds into a crypto exchange buy USDC/USDT and withdraw those in the country with ease, i also remarked bitcoin unlike gold is borderless and that he'd struggle to flee a country with his gold in a time of societal decline/collapse.

The world is in a societal decline and collapse as the world order shuffles around and tensions arise, banks are debasing the currency by 8% PA rising to 12% PA, people are arbitrarily being charged for voicing their concerns (see UK) and funds are becoming restrictive in physical as well as digital fiat rails and you now live in constant surveillance.

If you (he) couldn't see the benefit, i'm not sure what will educate you (him).
usually pain will for sure do the job. Most humans as they grow older are becoming more resistant to learn new ways of doing things until the individually perceived pain becomes too big to ignore.
(I had similar encounters with a older age group).
 
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Because they say so. Period. Same thing transactions over €1,000 in cash are HUUUUUUUUUGE according to them and have thus been banned. It's never about fairness. Iit's never about transparency. Iit's never about tackling fraud. It's about totalitarian control. One step in the Overton window at a time.

Good people do not need laws to tell them to act responsibly, while bad people will find a way around the laws.” — Plato

NVO
very very true, Spain just does it more openly and foolishly, whereas other EU countries at least try to be more discreet. The result, however, is the same.
 
usually pain will for sure do the job. Most humans as they grow older are becoming more resistant to learn new ways of doing things until the individually perceived pain becomes too big to ignore.
(I had similar encounters with a older age group).
Funnily enough, I am meeting more and more older people (55-70 y.) who have educated themselves about bitcoin, and actively trade or hodl crypto. Honestly, I think it's more than 70%, and I am not even bringing the subject up, as I trying not to dox myself.

Shockingly, just a few weeks ago I met some twenty-something Irish lads, who were absolutely convinced that BTC is a scam. Me mentioning the adaption by mainstream, ETFs and pension funds, was met with blank looks.
Looking back, I should have asked them how many jabs they have had, as I can't find any other explanation for their ignorance.
 
Funnily enough, I am meeting more and more older people (55-70 y.) who have educated themselves about bitcoin, and actively trade or hodl crypto. Honestly, I think it's more than 70%, and I am not even bringing the subject up, as I trying not to dox myself.

Shockingly, just a few weeks ago I met some twenty-something Irish lads, who were absolutely convinced that BTC is a scam. Me mentioning the adaption by mainstream, ETFs and pension funds, was met with blank looks.
Looking back, I should have asked them how many jabs they have had, as I can't find any other explanation for their ignorance.
I have a similar feeling when I talk about cash, debit cards, pensions etc. Younger people haven't yet developed the healthy cynical and pragmatic approach as older people. They don't see the irony of our governments lecturing about 'privacy' while trying to force us to give up cash and allow them to monitor and control our spending. I remember asking my younger sister a simple question about the status of her state and private pension funds. Her eyes glazed over and she looked at me as though I were speaking Chinese! :cool:
 
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