In this episode of Holland Gold, Paul Buitink talks to Simon Lelieveldt about the financial control state gone too far. Simon Lelieveldt has worked at the Dutch Banking Association (NVB) and at DNB. He has had his own consultancy practice for many years and has been involved in several lawsuits to ensure the privacy of Dutch citizens. In recent years, he has also represented the interests of crypto companies.
In the conversation, he expresses his concerns about the increasing invasion of the privacy of citizens and companies by banks and the government and the loss of value-free money. He explains how stricter regulations have emerged and why they violate the fundamental rights of citizens and businesses. For example, he points to the international project group Financial Action Task Force (FATF) and further tightening of the rules since 9/11.
He also criticizes the fact that the government is testing fewer and fewer laws and regulations against the constitution and deliberately letting it come to court cases. He is currently working on a cancellation procedure against new regulations for crypto transactions, the so-called travel rule. This obliges crypto companies to provide personal data of sender and receiver for all transactions.